Rising interest rates be damned.

There are several societal forces well underway in the U.S. housing market that make home improvement stocks like Home Depot (HD) - Get Report  and Lowe's (LOW) - Get Report worthy of a look by investors.

Points out Credit Suisse analyst Seth Sigman: 

"Trends in household formation and home-ownership in the U.S. remained solid in 1Q18 when comparing to a year ago, based on Census data; We view these as key long term drivers for Home Depot and Lowe's, which are needed to extend what has already been a very strong recovery cycle to date, and navigate a period of potentially higher interest rates. This also seems to be far more important than the short-term weather concerns heard since January. The bottom line: not only is household formation increasing year over year, but it's being driven by more "owned" homes (vs. rented), and by recovering ownership rates among younger consumers, a key group that has been missing."

Here are the charts you need to share on Twitter. 


Home ownership is climbing back to pre Great Recession levels.

People want homes. Source: Credit Suisse

Young people are finally buying homes. 

Welcome to home ownership, millennials. Source: Credit Suisse.

Young people are ready to spend on sprucing up their new home.

The youth want a new lawnmower. Source: Credit Suisse.