A closely watched measure of home prices is about to stall out for the first time since 2012—but investors in builder stocks might want to focus on the spring selling season.
While housing market data has shown a market slowed by higher mortgage rates,
D.R. Horton
(ticker:
DHI
) second-quarter earnings—which were stronger-than-expected—are a good omen for other builders, one analyst wrote.
Source: https://www.barrons.com/articles/home-prices-look-flat-whats-ahead-for-real-estates-next-chapter-a35f7a3f?siteid=yhoof2&yptr=yahoo