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.
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's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.