DR Horton fell $2.86 or 11.5 percent, to $21.94. Hovnanian Enterprises Inc. fell$. 17 or 3.7 percent, to $4.46. Lennar Corp. fell $1.24 or 3.1 percent, to $39.27.» Read More
Existing home sales are improving, but supplies are still dropping, reports CNBC's Diana Olick.
Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high.
CNBC's Diana Olick reports on the latest action in the housing market.
Data suggests that the U.S. housing market has bottomed, so why all the bearishness?
"I think Horton's got wings," said Will Randow, Citi analyst, discussing his top home builder trade.
Doug Kuiken, Kuiken Brothers owner & president, discusses the rebuilding process after the storm, and customer demand for building supplies.
CNBC's Gary Kaminsky weighs in on the lumber trade, in the wake of Hurricane Sandy.
Aaron Flowe, Northern Division President of Home Depot, talks about helping people protect and repair their property after the onslaught of the devastating hurricane.
CNBC's Mary Thompson reports home improvement retailers are providing supplies in cleanup efforts after the storm.
Lee Partridge, Salient Partners CIO, discusses the impact of Sandy on home builders, materials, and certain insurers.
Nearly 8.5 million customers are without power following Sandy, with the FMHR traders. Dan Fulton, Weyerhaeuser president & CEO, also offers insight on the recovery efforts.
CNBC's Rick Santelli reports the latest data on housing, and what it indicates about the health of the U.S. economy.
Howard Miller, Hartville Hardware president, discusses the state of the home building industry, and how his hardware store has boosted sales since opening earlier this spring.
The government has been pushing more short sales at Fannie Mae and Freddie Mac through financial incentives, and banks are streamlining the process. But all the progress that has been made could end abruptly.
The rally in home builder stocks might be running out of steam, ramping up significant short interest in the sector, Markit Research Director Will Duff Gordon said Wednesday on CNBC.
The FMHR crew weigh in with their top three trades, and Jeff Kilburg, Killir Kapital, explains why now is the time to play Treasuries. Also, Will Duff Gordon, Markit Research, weighs in on the best way to trade homebuilders now.
The housing market is on the verge of a major recovery, billionaire philanthropist Eli Broad told CNBC’s “Closing Bell” on Tuesday.
The rally in home builders looks to slow down, suggesting it’s time to switch to a few stocks that haven’t run up as much as their peers, Barclays analyst Stephen Kim said Tuesday on CNBC.
The S&P Healthcare sector hits a new all-time high for the 6th consecutive session, with the Fast Money traders; and discussing whether the homebuilder stocks are "overheating," with Stephen Kim, Barclays analyst.
Breaking down the data on housing, with David Blitzer, S&P 500 Index Committee chairman. "Overall the housing industry has come back," he says.
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