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Homebuilder stocks are taking a hit despite the upbeat tone of May's New Home Sales earlier...

Homebuilder stocks are taking a hit despite the upbeat tone of May's New Home Sales earlier today. Results show just 4.7 months of inventory available, well below the 14.3 months seen in early 2009, and lower than the six months considered to represent a healthy market: XHB -1.4%, PHM -2.1%, DHI -1.2%, TOL -1.5%, KBH -1.7%, MDC -1.9%, NVR -1.5%.
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Comments (2)
  • Papaswamp
    , contributor
    Comments (2199) | Send Message
     
    This is why..
    http://bit.ly/MKSuTr
    25 Jun 2012, 11:17 AM Reply Like
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    LEN is green and the grains are ripping - yahoo RJA
    25 Jun 2012, 11:20 AM Reply Like
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