As signs of the housing recovery become more and more evident, with existing-home sales having hit a five-year high in 2012, is this going to be the tailwind that drives banking growth from here? In this video, Motley Fool financial analyst Matt Koppenheffer details for us the many ways that an increase in home sales can be an excellent catalyst for growth in the banking sector.
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Is Housing the Tailwind Banking Needs?
Are these home-sales figures the shot in the arm the big banks need right now?
Fool contributor Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo and owns shares of Bank of America, Huntington Bancshares, KeyCorp, and Wells Fargo. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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