Homebuilding stocks are hitting 52-week highs today:
PulteGroup, Inc. (NYSE:PHM)
Lennar Corporation (NYSE:LEN)
D.R. Horton, Inc.(NYSE:DHI)
As I have recently pointed out in the EPJ Daily Alert, the apparent turnaround in the housing market is occurring despite a fairly tight Fed monetary policy. If the Fed starts printing again, housing prices could soar.