‘Millennials Growing Up’ is on its way to becoming the biggest demographic trend and trade of 2017.  The market has told us that they’re having babies.  Naturally, it’s also been saying they’re buying homes now too.

News is following price.  Earlier this month, Fannie Mae data suggested increased demand for starter homes.

There is a ton of money to be made off of this trend.  Let’s look at the charts.

The Housing Index broke out of a multi year base earlier this year targeting a move to 325ish.hgx

Durable Household Goods are breaking out as welldurable goods

A Few Stock Charts to Consider:

WHR is testing this long time resistance levelwhr

MAS has consolidated at the top of the range after a strong move in April.mas

CCS has pulled back into the 10 wk MA.ccs

DOOR is retesting an old resistance level from above.  There is an open upside target to 100.door

HOV is tight within a large range.