BOSTON ( TheStreet) -- How could anyone bet on the housing industry when a national headline Tuesday exclaimed "Home Ownership Heads to New Lows" even as prices today are a third less than at their peak five years ago?But residential-construction stocks are coming to life, gaining 6.5% in the past three months, with five of the biggest companies producing double-digit returns, according to Morningstar. The broader S&P 500 Index has risen 1.9% in the same period. For all of 2011, homebuilder stocks are down 26% versus the benchmark index's 3.4% decline. Still, something's at work here.
5 Homebuilder Stocks With the Brightest Outlook for 2012
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