You might not know it looking at the stock prices of Lennar (NYSE: LEN.B), Meritage Homes (NYSE: MTH), or Green Brick Partners (NYSE: GRBK), but we are in a housing recession, with home sales and prices down from peak levels amid rising interest rates and limited inventory. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why, despite concerns for 2023, homebuilders are likely to be market-beating investments in the years ahead, and share two of their favorites.
*Stock prices used were from the afternoon of March 22, 2023. The video was published on April 16, 2023.
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Jason Hall has positions in Green Brick Partners and Meritage Homes. Tyler Crowe has positions in Green Brick Partners. The Motley Fool has positions in and recommends Green Brick Partners and Lennar. The Motley Fool recommends Meritage Homes. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.