5 Homebuilding Stocks Ready to Soar Defying Industry Challenges

Low consumer confidence, declining spending on private residential construction and rising material costs are marring the prospects of the Zacks Building Products - Home Builders industry. Consumers are adopting a more cautious stance toward their disposable income and appearing to shift toward essentials. Nonetheless, the Fed's recent rate cut, combined with the shortage of homes available for sale and the strong demand for homeownership, is expected to drive growth for the industry players. Companies have ...