5 Homebuilding Stocks to Buy on a Rebound in Home Sales

The U.S. homebuilding market is making a steady rebound on easing mortgage rates and inflation. This has also seen a jump in homebuilder confidence lately as investments in private construction projects continue to expand.The National Association of Realtors reported on Feb 22 that existing home sales jumped a solid 3.1% in January to a seasonally adjusted annual rate of 4 million units. Despite being down 1.7% year over year, home sales are increasing sequentially.Moreover, in January, the inventory of hom ...