Shares of homebuilders and housing-related stocks are trading higher as declining oil prices, following Democrats' midterm gains, ease inflation concerns and expectations for higher-for-longer interest rates. Declining energy prices could moderate construction and transportation costs, while easing rate pressures may improve mortgage affordability and support homebuyer demand.

Shares of homebuilders and housing-related stocks are trading higher as declining oil prices, following Democrats' midterm gains, ease inflation concerns and expectations for higher-for-longer interest rates. Declining energy prices could moderate construction and transportation costs, while easing rate pressures may improve mortgage affordability and support homebuyer demand.