What’s Happening to Home Builders?
July 28, 2014 at 14:44 PM EDT
It’s another bad day for housing stocks. Industry giant DR Horton (DHI) fell 1.4% to $21.30, declining for a third straight trading session since posting disappointing financial results on July 24, the same day the Census Bureau released a weak new home sales report for June. Today’s catalyst? More weak housing data and the aftershock [...]
