It’s no news that homebuilder stock prices have more than doubled over the last year, but did you know wallboard companies are up on average by 177% and land holding companies by 56%? Drilling down further, more than 140 companies and roughly 30 sectors are directly benefiting from the turnaround in housing. Stock market investors are clearly betting on a bright future for residential real estate, turning their attention to ancillary companies that will benefit from the trickle down nature of a true recovery. In fact, the early stages of a housing rebound have played out in similar fashion over the last 40+ years, this one included. The classic order of improvement is as follows: sales, permits, starts, and completions. As such, 2013 is looking bright for building product manufacturers as well as the myriad of sectors encompassed in the housing food chain.
Better Data, Better Decisions
The U.S. Housing Analysis & Forecast is your monthly check-up for the health of the U.S. housing market. It includes an analysis of more than 70 economic indicators that are closely tied to the housing industry, including grades, historical charts and our forecasts through 2016 for employment, sales, permits and prices. You’ll make confident housing decisions with this report at your fingertips.
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