|Day Low/High||52.22 / 53.53|
|52 Wk Low/High||13.28 / 51.11|
Keep a close eye on what the Fed has to say on the matter.
This looks like an imbalance between supply and price -- and it seems to have begun correcting.
Pending home sales are strong, and home-improvement retailers are busy.
This week, the big item on the calendar is the nonfarm payrolls report for May. Jim Cramer says this will be a big report, especially as there are not a lot of other data or other companies reporting.
TheStreet's Jim Cramer says interest rates have been moving lower, which is fantastic for homebuilders, especially high-end ones like Toll Brothers.
Jim Cramer weighs in on two big reports out of the homebuilder and retail sectors on May 28: Toll Brothers and Michael Kors.
The decline in mortgage rates and the lack of inventory could lift this group.
The sector's recent data reports and the charts paint an ugly picture.
An excessive pullback or regulatory action can create opportunity.
Here are several key things to keep in mind as we dive in.
RealMoney Pro contributor Chris Versace says homebuilder stocks have already bounced off their recent lows and the risk-to-reward ratio in playing them is improving.
Chief Economist of Freddie Mac, Frank Nothaft reveals that the Midwest region, Texas in particular, leads the way in housing growth, while Florida, New Jersey and North Carolina show the most improvement.
TheStreet's Stephanie Link and Jill Malandrino review trends in the labor and housing markets and the sectors and stocks that stand to benefit.
Even as housing stocks approach oversold levels, data are actually firming across the board.
The Fed's monetary policy has not worked, and homebuilders' stocks should still be sold.
The end of the deduction could present buying opportunities.