Homebuilders struggle after pending home sales disappoint, and Credit Suisse downgrades sector:...

|By:, SA News Editor

Homebuilders struggle after pending home sales disappoint, and Credit Suisse downgrades sector: "Traffic continues to slip and will likely lead to further price cuts and impairments this fall." ETF: XHB -7%. HOV -14.3%. DHI -10.8%. PHM -10%. LEN -11.3%. TOL -9.3%.