Homebuilding Stocks Outperform Broader Market

Charlotte, NC, June 30, 2026—Homebuilding stocks outperformed the broader market last week, supported by declining interest rates, passage of federal housing legislation and positive earnings commentary from KB Home, according to a weekly sector update from Truist Securities.

Truist reported that homebuilding stocks returned an average of 7.0% for the week, compared to a 2.0% decline for the S&P 500. KB Home led the group with a 14.8% gain, followed by Meritage Homes, up 12.5%. Lennar gained 4.2%.