Homebuilders Rally On Heels Of Strong Economic Data

By | July 22, 2015

Scalper1 News

The housing market is on fire, and homebuilder stocks are starting to perk up. The residential and commercial building group, which ranks in the top third of IBD’s 197 industries, was a leading performer Wednesday, helped by earnings news and strong home sales data. Existing home sales in June jumped nearly 10% from a year ago, topping economist expectations, according to the National Association of Realtors. Earlier in the month, the National Scalper1 News

Scalper1 News