Homebuilders Rise On Upbeat Pending Sales Report

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Homebuilders Rise On Upbeat Pending Sales Report

By: MarketMinute.com Stock News

Posted on February 29, 2012 at 17:01 PM EST

Monday's upbeat pending home sales report lifted shares of D. R. Horton Inc. (NYSE: DHI) 45 cents to close at $14.34, Lennar Corp. (NYSE: LEN) 87 cents to close at $23.38 and PulteGroup Inc. (NYSE: PHM) 52 cents to close at $8.82.

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