Housing Stocks Building Up Following NAHB Release

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 TOL up 2.12 percent

D.R. Horton DHI up 1.92 percent

Lennar LEN up 2.14 percent

The Ryland Group RYL up 2.77 percent

Standard Pacific SPF up 2.77 percent

SPDR S&P Homebuilders ETF XHB up 1.57 percent

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Posted In: NewsEcon #sMovers
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