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Economists estimate that home prices will rise by 3.7% in 2020. NAR too has reported bullish data for August 2020, and October 2020 data are likely to witness an uptick.
Existing home supply has dropped and new building permits are holding steady, suggesting a bullish near-term outlook.
Investors and traders can consider short-term bets on top homebuilders because the industry is in such a sweet spot.