In this video, Motley Fool analyst Blake Bos sifts through the latest data from the housing sector to give investors a few important takeaways. He discusses the recent decline in new-home sales, down 4% in August, and gives his thoughts on the cause of the fall. He also gives a projection for home prices over the next few years and tells investors what this news means today for homebuilder stocks such as KB Homes, (NYSE: KBH ) , Lennar (NYSE: LEN ) , or Pulte Group (NYSE: PHM ) .
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!