Housing has rebounded in a big way.
Sales of new, single-family homes surged from April to May at the highest rate since July 2008 and by 29% over the previous year, while existing home sales reached the highest level since November 2009.
And home prices posted their biggest annual increase in more than seven years in May and are expected to continue rising, CoreLogic said Tuesday.
How can you profit from the housing market recovery?
Buying the homebuilders' stocks? Sure, but that's almost too easy, and after impressive gains, homebuilder stocks may have peaked for the short term.
But savvy investors trying to figure out how to profit from the housing market recovery can look beyond the homebuilders to other companies benefiting from the recovery.
Among them: construction materials suppliers, home improvement retailers, paint companies and those manufacturing and selling furniture and appliances.
In fact, furniture and related products led all other manufacturing sectors in the latest Institute for Supply Management report for June.
Here are five companies worth a look if you're seeking to profit from the housing market recovery.