Unstoppable Home Prices Make These 2 Stocks No-Brainers in 2022
One of the central themes of the U.S. economy recently has been the soaring value of homes. According to data from Redfin, a real estate brokerage, the median sale price of homes sold in October jumped 13.2% from a year ago. October was actually the 15th straight month of double-digit gains.
For investors looking to play this trend in 2022, two massive retailers come to mind. Here's why Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) are stocks to consider if you want to benefit from rising home prices.
Image source: Getty Images.
Source Fool.com
