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Wednesday, February 25, 2015

How Will Homebuilder Stocks React To New-Home Sales?



Investors.com http://ift.tt/1Dqogyc Shares of large homebuilders Toll Bros. (TOL) and KB Home (KBH) edged up slightly in early trading in the stock market today following a healthy new-home sales report Wednesday morning. But builders Lennar (LEN) and Meritage Homes (MTH) saw their shares move a bit lower. Sales of new single-family houses in January were at a seasonally adjusted annual rate of 481,000, according to the Commerce Department report. That was flat -- or down 0.2% -- from


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