Homebuilders Rally On Bullish Survey

By | August 17, 2015

Scalper1 News

The housing market is back. A closely watched sentiment index from the National Association of Home Builders (NAHB) hit a high not seen since the heady days of the housing bubble. Homebuilders D.R. Horton (DHI) and LGI Homes (LGIH) hit new highs, as did home improvement giant Home Depot (HD). The NAHB index rose 1 point in August to 61. Two subindexes, measuring current sales conditions and the next 6 months, were relatively unchanged at high Scalper1 News

Scalper1 News