Homebuilders
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DR Horton rose$. 37 or 1.5 percent, to $24.26. Hovnanian Enterprises Inc. rose$. 09 or 1.4 percent, to $6.37. Lennar Corp. rose$. 29 or. 7 percent, to $39.32.
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NEW YORK-- A Keefe, Bruyette& Woods analyst on Wednesday upgraded Lennar Corp. to "Outperform," saying that a recent sell-off of the homebuilder's shares has given them an attractive price. Like other homebuilders, Lennar shares took a big hit a few years ago when the housing market collapsed.
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DR Horton rose$. 34 or 1.5 percent, to $22.66. Hovnanian Enterprises Inc. rose$. 07 or 1.2 percent, to $5.91. Lennar Corp. rose$. 83 or 2.3 percent, to $37.45.
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Lennar's upgrade may present an attractive entry point in the home builder's space, says CNBC's Josh Lipton.
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DR Horton fell$. 74 or 3.2 percent, to $22.32. Hovnanian Enterprises Inc. fell$. 13 or 2.2 percent, to $5.84. Lennar Corp. fell$. 69 or 1.8 percent, to $36.62.
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DR Horton fell$. 51 or 2.2 percent, to $22.55. Hovnanian Enterprises Inc. fell$. 10 or 1.7 percent, to $5.87. Lennar Corp. fell$. 52 or 1.4 percent, to $36.79.
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DR Horton fell$. 38 or 1.6 percent, to $22.68. Hovnanian Enterprises Inc. fell$. 05 or. 8 percent, to $5.92. Lennar Corp. fell$. 36 or 1.0 percent, to $36.95.
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DR Horton fell$. 50 or 2.1 percent, to $23.06. Hovnanian Enterprises Inc. fell$. 17 or 2.8 percent, to $5.97. Lennar Corp. fell $1.29 or 3.3 percent, to $37.31.
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NEW YORK-- Shares of homebuilders fell on Monday after an analyst downgraded Lennar and other stocks declined from recent highs. On Monday, JPMorgan analyst Michael Rehaut downgraded homebuilder Lennar, whose shares that have been flat this year while rivals are up 16 percent. Lennar shares fell $1.37, or 3.6 percent, to $37.23 in afternoon trading.
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DR Horton fell$. 63 or 2.7 percent, to $22.93. Hovnanian Enterprises Inc. fell$. 17 or 2.8 percent, to $5.97. Lennar Corp. fell $1.31 or 3.4 percent, to $37.29.
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*Groundbreaking for homes rose to 200,178 units annualized in May. TORONTO, June 10- Canadian housing starts jumped much more than expected in May from April, the Canada Mortgage and Housing Corp said on Monday, in the latest sign that the broader economy is gaining momentum in the second quarter.
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June 10- When Nationstar Mortgage Holdings Inc tried to buy the rights to collect payments on $122 billion of mortgage loans earlier this year, housing finance giants Fannie Mae and Freddie Mac were not happy. Fannie and Freddie shared their concerns with Nationstar and the seller of the mortgages, lender Ally Financial, the sources said.
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DR Horton rose$. 29 or 1.2 percent, to $23.56. Hovnanian Enterprises Inc. rose$. 03 or. 5 percent, to $6.14. Lennar Corp. rose$. 05 or. 1 percent, to $38.60.
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Using technical analysis to look at the homebuilders. Are they worth consideration? With CNBC's Melissa Lee, Diana Olick and the Options Action traders.
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DR Horton rose$. 46 or 2.0 percent, to $23.73. Hovnanian Enterprises Inc. rose$. 07 or 1.1 percent, to $6.18. Lennar Corp. rose$. 22 or. 6 percent, to $38.77.
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SAO PAULO, June 7- Brazilian homebuilder Gafisa SA agreed to sell a 70 percent stake of its high-end Alphaville unit to private equity firms Blackstone Real Estate Advisors LP and Patria Investimentos Ltda, Gafisa said on Friday. Under the deal, Blackstone Group LP and Patria agreed to pay 1.4 billion reais in cash for the stake.
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DR Horton rose$. 58 or 2.5 percent, to $23.85. Hovnanian Enterprises Inc. rose$. 07 or 1.1 percent, to $6.18. Lennar Corp. rose$. 61 or 1.6 percent, to $39.16.
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As China grapples with the surge in home prices, Vincent Lo, Chairman of the Shui On Group lays out a few options that may help ease the pressure on the nation's property market.
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DR Horton rose$. 62 or 2.7 percent, to $23.27. Hovnanian Enterprises Inc. rose$. 08 or 1.3 percent, to $6.11. Lennar Corp. rose $1.10 or 2.9 percent, to $38.55.
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DR Horton rose$. 10 or. 4 percent, to $22.75. Lennar Corp. rose$. 34 or. 9 percent, to $37.79. Pulte Homes Inc. rose$. 70 or 3.5 percent, to $20.86.
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DR Horton fell$. 12 or. 5 percent, to $22.53. Hovnanian Enterprises Inc. rose$. 03 or. 5 percent, to $6.06. Lennar Corp. rose$. 06 or. 2 percent, to $37.51.
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