|Day Low/High||49.79 / 53.55|
|52 Wk Low/High||13.28 / 51.11|
Data shows slower new order growth and subdued export demand
Retail investors and asset managers are pretty bad at economic forecasting.
What does it imply for the economy and housing in general?
Recent data and news present a host of 'walking contradictions.'
Do homebuilder stocks reflect expectations for economic growth?
That new high brings the S&P to quite a historically lofty P/E.
The homebuilders' good results are not reflective of the state of the U.S. housing market. Toll Brothers' (TOL) reported better results this morning. But, with an average selling price of over $730,000, Toll is not representative of the entire U.S. ...
Low rates and bullish company calls mean these building-material plays look good.
Housing starts are still too low to meet the coming demand.
The recent weakness in Toll Brothers and D.R. Horton offers investors good entry points.
We have seen a huge correction, and we now need to look for signs that it is ending.
The S&P/Case-Shiller home price index rose 10.8% in April, marking its smallest 12-month gain in more than a year.