Friday saw a rally in the homebuilders sector on analysts’ upgraded ratings and projections for national homebuilders. Some stocks in the sector rose as much as 6 percent on Friday. See the story here: Builders rally on improved real estate outlook
One analyst expects homebuilder stock to rise 18 percent this year, and 19 percent in 2013.
[Update March 21, 2011 – from the New York Times] Home builder stocks are at their highest level in two years, with the Standard & Poor’s index of 11 home builder stocks rising 80 percent since October, the most recent low for the industry. See Home Builder Stocks at Highest Point in 2 Years After 6-Month Rise