Is the Housing Market Hot Again!

Some analyst are signaling better times for homebuilder stocks. Here is a short video of an interview with Zillow's CEO on the current housing market.

Click Link for Video

Here is a small sample of three homebuilding stocks: iShares U,S. Home Construction (ITB),
KB Homes (KB) and DR Horton (DHI), which were trading as of January 25, 2016 at:

ITB- $27.38
KB-  $10.86
DHI-$30.55

As of May 25, 2016 they are currently trading at:

ITB-  $24.33
KB-   $13.55
DHI- $27.51

Is there some truth to what some analyst are saying, or are homebuilder stocks just moving higher because the entire market has moved higher? Based on the current share prices of all three stocks, it does not look like there is any recovery in the sector even though the three stocks mentioned in this posts may not truly represent the current trend in the entire homebuilder's universe. I suggest that investors dig a little deeper for stronger economic information on this sector before taking any type of position in this industry.


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