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Yahoo FinanceToll Brothers' stock is having a good year. The reason lies in who buys its homes.
The homebuilder's luxury positioning in the market is a major advantage amid rate cut uncertainty.
Yahoo FinanceHomebuilder stocks soar as investors look ahead to Fed rate cuts
A lack of inventory in the resale market has already helped the industry. Interest rate cuts should also spur demand in 2024.
Yahoo FinanceGoldman Sachs no longer expects US home prices to decline in 2023
Goldman Sachs analysts expect home prices to increase 1.8% this year.
