By admin Apr, 18, 2022 Editors Pick

The interest rate is going higher and higher and now that means more buyers are getting pushed out of the market. This may also mean that we should expect the housing market to crash. 

Homebuilders stocks to watch:

• LGI Homes (LGIH) down - 59 (40).00 % year to date.
• PutleGroup inc (PHM) down -14.28 (25.46%) year to date. 
• Dr Horton Inc (DHI)  down  34.32. (-32.60 %) year to date. 
• Lennar Corporation LEN.  down 36.05 (32.24 % year to date 
• Toll Brothers Inc is down 24.86 (-35.39% year to date. 

These stocks trading down altogether means that home builder stocks are losing money somewhere and that the market is bad.  

Does this mean that it is a bad time to buy homes? Well, when the interest rate is high, it's not a good time to buy stocks. 

More to come. 

Tags: Housing stocks Home builder stocks.

Share On Facebook Twitter Linkedin Whatsapp Telegram