Homebuilders are weak this morning on the back of less-than-stellar June Existing Home Sales...

|By:, SA News Editor

Homebuilders are weak this morning on the back of less-than-stellar June Existing Home Sales numbers and a disappointing quarter from NVR (NVR -10%): D.R. Horton (DHI -0.1%), MDC (MDC -1.3%), Lennar (LEN -0.7%), Hovanian (HOV -2.6%), Ryland (RYL -2.1%). ETFs: XHB -0.1%, ITB -2%, PKB -0.4%