Home building stocks get a lift from a positive NAHB number this morning, as the sentiment reading for this month climbed to its highest level in five years. It's important to note however, that despite the improvement in starts, home building still remains well off normal levels.
Homebuilder stocks (XHB -4.8%) are crushed in the wake of today's jobs report: PHM -10.4%, LEN -7.4%, DHI -8.5%, TOL -6.1%, KBH -5.5%. Fannie Mae's Doug Duncan recalls the spring-to-summer slowdown pattern of each of the last two years: "If this pattern recurs, we expect that hopes for a meaningful housing recovery will be delayed once againYou can also check previous stocks to buy reports- Right Here
Below these are the Home building (Residential construction) stocks of the day June 1, 2012
Homebuilder stocks (XHB -4.8%) are crushed in the wake of today's jobs report: PHM -10.4%, LEN -7.4%, DHI -8.5%, TOL -6.1%, KBH -5.5%. Fannie Mae's Doug Duncan recalls the spring-to-summer slowdown pattern of each of the last two years: "If this pattern recurs, we expect that hopes for a meaningful housing recovery will be delayed once againYou can also check previous stocks to buy reports- Right Here
Below these are the Home building (Residential construction) stocks of the day June 1, 2012
Home Building
Ticker Company Change
CHCI Comstock Homebuilding Companies Inc. -1.47%
NVR NVR Inc. -3.83%
KBH KB Home -4.28%
AVHI AV Homes, Inc -4.98%
BZH Beazer Homes USA Inc. -5.75%
XIN Xinyuan Real Estate Co., Ltd. -6.62%
GFA Gafisa S.A. -6.83%
TOL Toll Brothers Inc. -7.48%
HOV Hovnanian Enterprises Inc. -7.49%
MDC MDC Holdings Inc. -7.83%
MTH Meritage Homes Corporation -8.26%
LEN Lennar Corp. -8.32%
DHI DR Horton Inc. -8.37%
RYL Ryland Group Inc. -8.54%
SPF Standard Pacific Corp. -8.91%
MHO M/I Homes, Inc. -10.05%
PHM PulteGroup, Inc. -11.75%
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