Homebuilders trade lower after a report by Fannie Mae indicates consumers are expecting home...

|By:, SA News Editor

Homebuilders trade lower after a report by Fannie Mae indicates consumers are expecting home prices to rise for the first time in six months: PulteGroup (PHM -2.4%), KB Home (KBH -1.5%), Toll Brothers (TOL -2.4%), Standard Pacific (SPF -1.2%).