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2 Dow Jones Stocks to Buy Before a Potential Housing Rebound in 2025


Published on 2024-12-13 17:41:07 - The Motley Fool
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  • Higher interest rates have pressured home sales over the last few years, which has weighed on the performance of housing stocks. But the tide appears to be turning. "Homebuying momentum is building after nearly two years of suppressed home sales,

The article from The Motley Fool, published on December 13, 2024, discusses two Dow Jones Industrial Average stocks that could benefit from an anticipated housing market rebound in 2025. Home Depot is highlighted for its potential growth due to increased home improvement projects as homeowners opt to renovate rather than move in a high-interest rate environment. The company has shown resilience with a 3.6% increase in same-store sales in the third quarter of 2024, despite economic challenges. JPMorgan Chase is also mentioned, not directly for housing but for its mortgage lending business which could see a surge in activity with lower interest rates. The bank has already experienced a 29% year-over-year increase in mortgage originations in Q3 2024, positioning it well for further growth as the housing market recovers. The article suggests that both companies are well-positioned to capitalize on the expected market conditions.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/13/2-dow-stocks-buy-before-housing-rebound-2025/ ]