S&P CoreLogic reported a 16.6 percent increase in U.S. housing prices in May, higher than the 14.8 percent increase reported for April. Business Insider notes that the inadequate supply of housing is driving up prices as the demand continues to recover. This market has benefited D.R. Horton, Inc. and Lennar Corporation. Some economists predict a home market bubble that will explode. S&P CoreLogic’s analysis is more ambiguous. The South and West saw seven times the rate of population growth as the Northeast and Midwest. Mid-America Apartment Communities, Inc. is a real estate corporation based in the Southeast and Southwest.
Here is Insider Monkey’s list of the 11 best housing stocks of 2021. In the selection of the top 11 housing stocks for 2021, FND is ranked eleventh. According to Dow Jones Newswire’s most recent numbers, the stock has returned approximately 74.32 percent to investors over the past year. It is a flooring retailer that caters to the general public. Mid-America Apartment Communities, Inc. is ranked tenth. Over the last year, the stock has returned more than 64.31 percent to investors. It’s a REIT that invests in markets in the Southeast and Southwest. Masco Corporation is ranked ninth. According to Thomson Reuters, the stock has returned about 4.70 percent to investors over the last year. It is a construction products company with 38 manufacturing plants worldwide, 28 of which are in the United States. Owens Corning is ranked seventh. According to the company’s most recent figures, the stock has returned approximately 56.92 percent to investors over the past year. Mohawk Industries, Inc. is ranked seventh. Over the last year, the stock has returned more than 134 percent to investors. It is a flooring firm established in Georgia that manufactures household durables. For more details, click 11 Best Housing Stocks of 2021.