Among the encouraging signs: Applications for home loans recently hit a nine-year peak and new home sales in March posted a 16-month high.
Construction spending hasn't sent ambivalent signals in 2019.
Time to break down the best bet.
This is a natural decline that will be followed by an advance you can profit from as housing endures its annual spring rebound.
Builder confidence has ticked up of late heading into the crucial spring selling season.
buyers on the way to $38 are now sellers on the way back up.
Economic reports out of Europe and China have not been encouraging, which appears to leave the U.S. to power the global economic engine.
When it does, I'll be ready to declare this a full-blown bull market.
Investors are already more focused on what lies ahead when Q1 results start in early April.
Investors should focus their attention on safer, well-capitalized names as the country's housing market teeters on the brink of a downturn.