Home-Builder Stocks Are Booming as Homeowners Stay Put

📆 2023-07-06 10:30 AM
📰 WSJ

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Home-builder stocks are climbing, thanks partly to high mortgage rates that are keeping many homeowners in place

The low supply of available homes is giving home builders reason to step up construction despite high interest rates. WSJ’s Justin Lahart explains the wider implications. Photo: David Paul Morris/Bloomberg

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