The recent recovery in the housing market has been a big reason why the stock market has continued moving higher. The most recent data from the S&P Case-Shiller Home Price Index gave investors more reasons to be optimistic about housing's prospects going forward.

In the following video, Fool contributor Dan Caplinger goes through some of the more promising data in the latest Case-Shiller report and makes the case for why the housing market could see further advances from current levels. Noting areas of strength throughout the nation, Dan points out some stocks that could benefit more than their peers from continued strong performance in housing.

Fool contributor Dan Caplinger and The Motley Fool have no position in any stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.