
Despite macroeconomic uncertainties, new home sales are thriving, thanks to low mortgage rates and strong housing demand to encourage homeownership. Given the industry’s growth prospects, fundamentally strong homebuilder stocks Five Point Holdings, LLC (FPH), M/I Homes, Inc. (MHO), and Sekisui House, Ltd. (SKHSY) might be worth buying.
Before delving deeper into their fundamentals, let’s discuss what’s happening in the homebuilder industry.