David Kuo explains why he is optimistic about the housebuilding sector.
The Council of Mortgage Lenders (CML) recently announced that gross mortgage lending in the UK is up 13% from last year and 24% from a month ago. This, combined with the government's new Funding For Lending Scheme in which the Bank of England could provide as much as £80 billion to banks for lending to businesses and households, is a welcome boost to the UK economy. So what does this mean for private investors?
In today's edition, David Kuo discusses investing in a housing market recovery and reveals six housebuilders trading below their book value.
Click below to watch David's video
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> Neither David, Sonia nor The Motley Fool own any of the stocks mentioned.