Homebuilders Bring Down The House Following June Pending Home Sales - KB Home (NYSE:KBH), D.R. Horton (NYSE:DHI)

27% profit every 20 days?

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Major US home builders move lower after June's Pending Home Sales (MoM) released below consensus expectations 0.50 percent, releasing at -1.10 percent for the month of June, coming in 7.20 percent lower than May's release of 6.10 percent. The Ryland Group, Inc. (NYSE: RYL) - nearly 4 percentLennar Corporation (NYSE: LEN) - 2.76 percentToll Brothers Inc (NYSE: TOL) - nearly 2 percentKB Home (NYSE: KBH) - 2.36 percentD.R. Horton, Inc. (NYSE: DHI) - 2.13 percentPulteGroup, Inc. (NYSE: PHM) - 1.55 percent

27% profit every 20 days?

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