Housing Affordability May Be Increasingly Problematic

"Boom in built-for-rent single-family housing is a result of the housing affordability issue. I forecast that approximately 80K built-for-rent homes have been constructed in 2021, up from 30K a few years ago," says Brad Hunter. CFRA's Ken Leon weighs in on Home Depot (HD) maintaining a buy rating with an increased price target of $350.

The Watch List

18 May 2021

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Housing Affordability May Be Increasingly Problematic

"Boom in built-for-rent single-family housing is a result of the housing affordability issue. I forecast that approximately 80K built-for-rent homes have been constructed in 2021, up from 30K a few years ago," says Brad Hunter. CFRA's Ken Leon weighs in on Home Depot (HD) maintaining a buy rating with an increased price target of $350.

The Watch List

18 May 2021