How To Trade Homebuilder Stocks In A Strong Housing Market

How To Trade Homebuilder Stocks In A Strong Housing Market

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The National Association of Home Builders (NAHB) Housing Market Index (HMI) surged to an all-time high in September. The S&P CoreLogic Case-Shiller 20-City Composite for home prices was up a solid 3.9% year over year in July, its latest reading. In this backdrop, shares of homebuilder stocks DR Horton (DHI), KB Home



KBH

, Lennar



LEN

, PulteGroup



PHM

and Toll Brothers



TOL

have traded to new cycle highs.

Here are the key housing statistics and how to trade these homebuilder stocks.

The Graph of the NAHB Housing Market Index

NAHB HMI Show Housing Market Strength



NAHM Housing Market Index