Seeking Alpha

The homebuilders (XHB -0.6%) have recovered most of a steep drop following the weak New Home...

The homebuilders (XHB -0.6%) have recovered most of a steep drop following the weak New Home Sales print, but BarCap's Cooper Hawes says the pace of sales needs to pick up to continue to upward trend in housing starts. "We expect start activity gradually to plateau unless sales activity increases."
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