More than six million existing homes sold in 2021, the highest number since 2006, according to data published Thursday by the National Association of Realtors. But that was still well short of satisfying demand. And there’s little evidence to suggest the nation is in a hurry to correct the imbalance between supply and demand.
PulteGroup, M/I Homes and Hovnanian Enterprises - These stocks are selling in a remarkably low P/E range of 3.3 to 5.6. Further, Hovnanian and M/I Homes are selling well below liquidation value.
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