HomeLifestyleRetailMAA, CPT Housing Weakness: Fewer Home Buyers = More Renters

MAA, CPT Housing Weakness: Fewer Home Buyers = More Renters

Housing weakness is intensifying, and homebuilding is in recession, says Al Lord. He discusses the outlook for the housing market in 2023. He talks about how fewer home buyers mean more renters for the market, and we are seeing the highest mortgage rates in 20 years. He then goes over if housing weakness will intensify in 2023, and whether home sales could decline this year. Finally, he goes over his stock picks which include Mid-America Apartment Communities (MAA) and Camden Property Trust (CPT). Tune in to find out more about the stock market today.

Market On Close

11 Jan 2023

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