The “wealth effect" is an economic theory that suggests people will spend more when they feel the value of their assets are rising. While this is often linked to the value of stocks people own, it's also tied to home prices.
With that in mind, homeowners have been feeling bullish about the value of their homes since 2020. Housing prices have soared to record high levels. And even in an environment of high inflation and rising interest rates, high demand continues to be the driving factor for home prices.
That's why it's still a good time to consider investing in housing stocks. These stocks encompass a range of companies, including homebuilders, home furnishing companies, home improvement companies, and adjacent industries like lumber and other construction-related stocks.
The focus of this presentation is on seven housing stocks that continue to show strength in a challenging environment. In addition to looking at several homebuilders, this presentation looks at several companies that have businesses that are adjacent to the homebuilding market, but still look to provide investors with solid gains in 2023 and beyond.
Click the "Continue to Slide #1" button to view the first company.