What was that about a housing recovery? Homebuilder stocks fall as housing starts fell 4.1% last...

|By:, SA News Editor

What was that about a housing recovery? Homebuilder stocks fall as housing starts fell 4.1% last month, after yesterday's report that sentiment among builders had risen to its highest level since 2007. Ratings of several homebuilders - including DHI -1.7%, LEN -0.9% and TOL -2.1% - were cut to Neutral from Buy, while KBH -1.1% and MTH -3.3% were slashed to Sell by UBS.