Homebuilder stocks get a downgrade, as housing market sends mixed signals

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Just a few days after one group of analysts cut their view of builder stocks, Raymond James’ Buck Horne turned bearish on housing, the economy, and a group of stocks that are up astronomically this year.. Market Extra: The Dow is now on pace for its best June return in 80 years, but the Fed.

At the current pace of sales, it would take 6.4 months to exhaust available supply, slightly more than the 6 months that’s normally considered a market evenly balanced between supply and demand. The median price of a new home sold in May was $308,000, 2.7% lower than a year ago. Big picture: The housing market isn’t looking all that robust.

Homebuilder stocks get a downgrade, as housing market flashes warning signs. marketwatch – By Andrea Riquier. Economic data is sending mixed signals. And now so are stocks. Last week, analysts at Wedbush upgraded their home builder view, noting that with.

And leading homebuilder stocks such as LGI Homes , Lennar , D.R. Horton , Pulte Homes and Toll Bros. have taken advantage of the rebound. But is a new housing bubble now starting to form? But is a.

Mixed quarterly earnings kept investors largely on the sidelines on Tuesday, with the main U.S. stock-indexes. absence of a major market mover or a macro event.” The only economic data worth noting.

Homebuilder stocks get a downgrade, as housing market sends mixed signals istockphoto Which way is the housing market going? Economic data is sending mixed signals. And now so are stocks. Last week, analysts at Wedbush upgraded their home builder view, noting that wi.

Home Builder Stocks Get a Downgrade.. Which way is the housing market going? Economic data is sending mixed signals. And now so are stocks. Last week,

These 2 Homebuilder ETFs Face Critical Test. Housing stocks tumbled in early November after the gop tax reform plan reduced deductions for mortgages and property taxes.. Get market updates.

See today’s market news from Reuters, MarketWatch, Business Wire and PR Newswire. Homebuilder stocks get a downgrade, as housing market flashes warning signs. Today 2:36 PM. but growth is flat . Which way is the housing market going? Economic data is sending mixed signals. And now so are.