Home builder stocks surge

Friday saw a rally in the homebuilders sector on analysts’ upgraded ratings and projections for national homebuilders. Some stocks in the sector rose as much as 6 percent on Friday. See the story here: Builders rally on improved real estate outlook

One analyst expects homebuilder stock to rise 18 percent this year, and 19 percent in 2013.

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2 Responses to Home builder stocks surge

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  2. Avatar Guy Johnson says:

    [Update March 21, 2011 – from the New York Times] Home builder stocks are at their highest level in two years, with the Standard & Poor’s index of 11 home builder stocks rising 80 percent since October, the most recent low for the industry. See Home Builder Stocks at Highest Point in 2 Years After 6-Month Rise

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