Tag Archives: Home Builder Shares Become Hot Stocks

Home builder shares have risen to record levels this year as a rebound takes shape in the new-home market, following one of its worst years on record, Bloomberg reports. The Standard & Poor’s Supercomposite Homebuilder Index has risen 53 percent this year. The index includes 11 home building companies. For example, PulteGroup shares have soared 98 percent this year, Lennar has risen 59 percent, Toll Brothers has increased 49 percent, and D.R. Horton has soared 43 percent, Bloomberg reports. As the new-home market takes recovery mode, some builders have been […]