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What are the best home builder stocks to buy in 2024?

Now, let’s discover the three best home builder stocks to buy for 2024! In this photo illustration the D.R. Horton (DRI) logo seen displayed on a smartphone. D.R. Horton ( NYSE:DHI) is certainly one of the best home builder stocks to buy for 2024.

Which homebuilder stocks are a good stock to buy?

All hedge fund data is based on the exclusive group of 900+ funds tracked by Insider Monkey that filed 13Fs for the Q1 2023 reporting period. Lennar Corporation (NYSE:LEN) PulteGroup, Inc. (NYSE:PHM), and D.R. Horton, Inc. (NYSE:DHI) have long ranked as a few of hedge fund’s favorite homebuilder stocks.

Are luxury homebuilders a good stock to buy?

Luxury homebuilders are some of the most coveted housing stocks to buy, but even they’re not immune to the effects of rising interest rates, as luxury home prices declined in Q1 for the first time since the financial crisis according to data gathered from 46 leading markets by real estate tracking firm Knight Frank.

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