Home builder stocks move higher on a down day for the market after the NAHB Housing Market Index...
Home builder stocks move higher on a down day for the market after the NAHB Housing Market Index shows a favorable reading. Buyers are pushing up shares of MDC, PHM, HOV, SPF, and DHI after a combination of sub-4.00% mortgages rates and "pockets of improving conditions" in the housing market tips sentiment toward optimism for a mild recovery in the beat-up sector.
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