Homebuilders Strengthen Amid 2015 Demand Prospects

By | November 12, 2014

Scalper1 News

IBD’s homebuilding group isn’t a leading group in the market right now, but it is showing signs of life. Over the past six months, homebuilders have performed mostly in line with the S&P 500. But over the past four weeks, the group is up 11% compared with a 7% gain for the benchmark index. In late October, the National Association of Home Builders said single-family home production is ready to rise in 2015 amid a growing economy. Judging by recent Scalper1 News

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