- Despite mortgage rates rising, housing market remains to be more competitive than ever.
- Furniture stocks, a derivative of the home building sector, look to be more attractive than homebuilding stocks themselves, on fundamentals and charts.
- PulteGroup looks to be the most attractive homebuilding stock from a handful picked from the sector.
- 9-12 months lag time as consumers purchase furniture reflective in stock price, homebuilding stocks don't have this advantage.
- Single-family housing starts have risen 36% over the last 12 months, which are those that have been permitted but have not been started.
For further details see:
Pulte: Best Homebuilder For The Post-Pandemic World