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Builder Sentiment Climbs Above Breakeven: 5 Top Housing Picks
CCSCentury munities(CCS) Zacks Investment Research·2024-03-20 15:00

Builder confidence in the market for newly constructed single-family homes surged above the breakeven point in March, marking the fourth consecutive monthly gain. The upside reflects a persistent shortage of existing inventory, which continues to steer buyers toward new home construction. Also, robust demand and mortgage rates staying below peak levels, as witnessed last fall, have contributed to the heightened sentiment among builders.Given the uptrend, let's add some notable homebuilders like Century Comm ...