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?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he was the GM of Motley Fool Ascent, led The Motley Fool Deutschland, and has been an investor on various Fool services. Matt is a heavy user of AI tools and is working on harnessing them to help Fool members.
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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