Search this website. You can use fund codes to locate specific funds

Credit: Industry Insights

On solid foundations: how US homebuilders fared so far in 2020.

In the latest instalment of Industry Insights, Anna Chong, Senior Credit Analyst, examines the US homebuilder market, headwinds facing the industry and the impact the Biden administration could have on the sector.

So far this year, the fundamentals of the US homebuilder market have been very strong, supported by low interest rates, demand for more space as the coronavirus pandemic drags on, amongst other factors.

Meanwhile, since the US Presidential election, focus has shifted to the Biden administration’s plans for housing – and what reforms can be achieved.

“Both first-time and luxury builders could benefit from different parts of his housing policy, if he [Biden] can get it through the Senate. In addition, we’ll have to see how much the top end of the market is affected by potential tax increases,” says Chong.

What factors are driving the strong conditions in the US homebuilding sector at present? To find out, watch the short video below.

More Insights

SDG Engagement Equity commentary: Alliant
Alliant is on course to transform the energy mix it uses to generate electricity.
Weekly Credit Insight
Both high-yield and investment-grade credit yields recently touched all-time lows.
The Meeting Room Webcast: Asia ex-Japan, November 2020
New order: navigating the energy transition
The energy transition is an existential long-term risk for oil and gas companies.
The road less travelled: 360°, Q4 2020
It is during periods of extreme uncertainty that it is most important to call out herd behaviour.
The Circular
Covid-19 continues to throw curve-balls in 2020, but for those investors with sustainability in mind, the long game remains in view. We’ve summed up our recent insights on environmental, social and governance (ESG) investing to bring you the latest edition of The Circular.