Builders' stocks regroup after slide 
Stocks stabilize or gain with interest-rate reversal
By Glenn Roberts Jr., Tuesday, August 17, 2004.Inman News®
Some major home builders rode out mild slumps during a period of interest-rate gains and are now enjoying stock-price stabilization or growth as interest rates have crept back down. Housing starts are up 8.3 percent nationwide from June 2004 to July 2004, and building permits are up 5.7 percent, the U.S. Census Bureau and U.S. Department of Housing and Urban Development reported today, which is good news for the building industry.
more...
Premium Member account.
Premium Members have full access to all news archives & premium content.
Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
