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

EOS publishes white paper Fixing Fast Fashion
This paper sets out how companies can move towards circular economy approaches.
Authenticity in ESG integration
We explain why the delivery of Sustainable Wealth Creation has and always will be our core purpose.
Weekly Credit Insight
Dispersion in year-to-date returns across various parts of the global credit universe.
Zen and the art of investment management
Exploring mindfulness as a vehicle for truly responsible investing
Stewardship during a crisis: Lessons from the pandemic
Dr Hans-Christoph Hirt, Head of EOS, reflects on the pandemic and the stewardship lessons for companies and investors.
Pricing ESG risk in credit markets: through volatility, our conviction affirmed
Companies with better ESG practices tend to have lower CDS spreads, even after controlling for credit risks.