D.R. Horton, Lennar Rise As Homebuilder Stocks Rebound

By | December 24, 2013

Scalper1 News

Reports from the Federal Housing Finance Agency and the Commerce Department on Tuesday showed housing markets performing just above consensus expectations in October and November respectively. Homebuilders’ stocks responded with gusto, as more than 20 of the industry group’s 26 stocks advanced. Five gained 2% or more. The group has risen in six of the past seven sessions. Rebounding real estate markets led the group to rally for 17 months through Scalper1 News

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