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Housing Stocks Building Up Following NAHB Release

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The U.S. NAHB Housing Market Index released Monday was two percent above consensus expectations.

Estimates for the housing market index were 53 percent, with the actual release coming out to 55 percent. More housing data is to be released August 26, including Building Permits and Housings Starts.

Housing Movers:

Toll Brothers (NYSE: TOL) up 2.12 percent

D.R. Horton (NYSE: DHI) up 1.92 percent

Lennar (NYSE: LEN) up 2.14 percent

The Ryland Group (NYSE: RYL) up 2.77 percent

Standard Pacific (NYSE: SPF) up 2.77 percent

SPDR S&P Homebuilders ETF (NYSE: XHB) up 1.57 percent

Posted-In: News Econ #s Movers

 

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