DR Horton fell$. 11 or. 4 percent, to $26.01. Hovnanian Enterprises Inc. rose$. 16 or 2.7 percent, to $6.10. Lennar Corp. rose $1.11 or 2.6 percent, to $43.40.
According to the Commerce Department, new-home sales increased 2.3 percent in April from March to a seasonally adjusted annual rate of 454,000. That's only slightly below January's pace of 458,000, which was the fastest since July 2008. _ KB Home, up 87 cents, or 3.8 percent, to $23.91. _ Hovnanian Enterprises Inc., up 20 cents, or 3.4 percent, to $6.14.
DR Horton rose$. 26 or 1.0 percent, to $26.38. Hovnanian Enterprises Inc. rose$. 18 or 3.0 percent, to $6.12. Pulte Homes Inc. rose$. 26 or 1.2 percent, to $22.69.
DR Horton fell$. 27 or 1.0 percent, to $25.85. Hovnanian Enterprises Inc. rose$. 03 or. 5 percent, to $5.97. Lennar Corp. rose$. 09 or. 2 percent, to $42.38.
WASHINGTON, May 23- Sales of new U.S. single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong proof the sector's rebound trend is intact. The Commerce Department said on Thursday sales increased to a seasonally adjusted annual rate of 454,000 units.
WASHINGTON-- Sales of new homes likely rose in April, evidence that the housing market is gaining strength during the critical spring buying season. The report from the Commerce Department is due at 10 a.m. Eastern. In March, sales increased to a rate of 417,000. That was close to January's pace of 445,000, the fastest since July 2008.
DR Horton fell$. 19 or. 7 percent, to $26.12. Hovnanian Enterprises Inc. rose$. 10 or 1.7 percent, to $5.94. Lennar Corp. fell$. 18 or. 4 percent, to $42.29.
NEW YORK-- Home Depot's stock hit an all-time high for a second straight day since reporting strong first-quarter results and boosting its full-year forecasts. Upbeat housing data and weaker-than-expected results from rival Lowe's on Wednesday helped keep Home Depot rising.
DR Horton rose$. 67 or 2.5 percent, to $26.98. Hovnanian Enterprises Inc. rose$. 27 or 4.6 percent, to $6.11. Lennar Corp. rose $1.01 or 2.4 percent, to $43.48.
NEW YORK-- Homebuilders' shares are getting a lift Wednesday following Toll Brothers' strong second-quarter performance and a healthy housing report. Earlier in the day, Toll Brothers Inc. reported quarterly earnings of 14 cents per share on revenue of $516 million.
DR Horton rose$. 57 or 2.2 percent, to $26.88. Hovnanian Enterprises Inc. rose$. 20 or 3.4 percent, to $6.04. Lennar Corp. rose$. 97 or 2.3 percent, to $43.44.
May 22- Luxury homebuilder Toll Brothers Inc reported stronger-than-expected results on higher average selling prices and booked its highest quarterly orders in seven years, sending its shares up 7 percent.
HORSHAM, Pa.-- Toll Brothers' second-quarter earnings jumped 46 percent as a rebounding economy and low interest rates drove sales at the luxury home builder. The Horsham, Pa., company said the average price of homes delivered climbed 3.6 percent in the quarter to $577,000 compared with last year.
May 22- Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry.
DR Horton fell$. 43 or 1.6 percent, to $26.31. Hovnanian Enterprises Inc. fell$. 18 or 3.0 percent, to $5.84. Lennar Corp. fell$. 75 or 1.7 percent, to $42.47.
DR Horton fell$. 33 or 1.2 percent, to $26.41. Hovnanian Enterprises Inc. fell$. 12 or 2.0 percent, to $5.90. Lennar Corp. fell$. 78 or 1.8 percent, to $42.44.
DR Horton fell$. 31 or 1.2 percent, to $26.43. Hovnanian Enterprises Inc. fell$. 08 or 1.3 percent, to $5.94. Lennar Corp. fell$. 89 or 2.1 percent, to $42.33.
DR Horton fell$. 49 or 1.8 percent, to $26.74. Lennar Corp. fell$. 60 or 1.4 percent, to $43.22. Pulte Homes Inc. fell$. 34 or 1.4 percent, to $23.61.