CCS, DHI, KBH: Housing Demand Is Coming Back

The housing market is building too much multi-family and not enough single family, notes Erin Sykes. She and Jay McCanless discuss the housing market. Erin mentions that we are starting to see mortgage demand come back. They talk about how Wedbush has an outperform rating on Century Communities (CCS), Tri Pointe Homes (TPH), and KB Home (KHB) and a neutral rating on D.R. Horton (DHI), Lennar (LEN), and LGI Homes (LGHI). They examine the state of the housing market, ad go over homebuilder stocks to keep on your radar. Tune in to find out more about the stock market today.