The 3-year bear market in home sales is finally over, research firm says. Here's how to invest for a rebound.
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- US home sales just ended a 39-month year-over-year decline, signaling the end of the bear market, NDR said.
- Affordability issues, driven by high mortgage rates, drove the 3-year decline in home sales activity.
- Investors could take advantage of the setup by buying the iShares U.S. Home Construction ETF, NDR said.
The bear market in US home sales is finally over, according to a recent note from Ned Davis Research.
The firm highlighted...
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