U.S. homebuilding sector is showing signs of improvement. In any case, most ETFs from this sector have been hovering around an all-time high.

The 30-year mortgage rates are faring better than they did last November. With increasing expectations of a further fall in interest rates, 2024 appears poised to provide relief to the housing market.

A lack of inventory coupled with moderately higher mortgage rates continued to propel home prices upward, despite a slight increase in new listings

The annual inflation rate in the United States accelerated for a second straight month to 3.7% in August from 3.2% in July. We suggest a few sector ETFs that can be worth investing in at a time of higher inflation.

Historically, when Buffett takes a position in a sector, it often leads to increased investor interest, even a rally. While housing is struggling with higher mortgage rates, Buffett's bet suggests more opportunities for homebuilders than threats.