Homebuilder and Lumber Industries Lead Housing Market Stock

According to Morningstar, an independent company providing investment research, the lumber industry has jumped to 74% while home improvement stores came in at 55%. Homebuilders reached 77% taking the lead in the housing stock market last year. Michael Magiera, Manager at Manning and Napier, a real estate investing firm, suggested that last year’s positive trends were the housing markets come-back from the slump we saw during the recession. More here

Leave a Reply

Your email address will not be published. Required fields are marked *