Sunbelt to Lead Homebuilder Growth
States with sunny climates, including California, are expected to drive homebuilder growth next year according to various homebuilding analysts. With job growth that is outperforming the market and overall greater livability as a result of a more temperate climate, homebuilders are likely to ramp up production in the sunbelt states to meet rising demand. The best positioned publics in these submarkets include Pulte, DR Horton and Lennar.
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