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Homebuilder stocks (XHB -4.8%) are crushed in the wake of today's jobs report: PHM -10.4%, LEN...
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Friday, June 1, 2012, 12:27 PM ETHomebuilder stocks (XHB -4.8%) are crushed in the wake of today's jobs report: PHM -10.4%, LEN -7.4%, DHI -8.5%, TOL -6.1%, KBH -5.5%. Fannie Mae's Doug Duncan recalls the spring-to-summer slowdown pattern of each of the last two years: "If this pattern recurs, we expect that hopes for a meaningful housing recovery will be delayed once again."
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