Housing industry braces for a downturn, but investors are piling in

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5 min read . Updated: 21 Nov 2022, 06:15 PM IST Karen Langley, The Wall Street Journal

Shares of real-estate brokerages, home builders, mortgage lenders and practically anything that touches the housing industry have surged as well, outpacing the S&P 500’s 5.8% rise (Photo: Bloomberg) — Shares of real-estate brokerages, home builders, mortgage lenders and practically anything that touches the housing industry have surged as well, outpacing the S&P 500’s 5.8% rise (Photo: Bloomberg)

Beaten-down shares get a boost from reports of softening inflation

Investors are seizing on any sign inflation has peaked as a reason to snap up beaten-down shares. Just look at housing stocks.