HomeMarketsU.S. Economy & JobsHomebuilders Close Lower After NAHB Housing Market Index Slump
Homebuilders Close Lower After NAHB Housing Market Index Slump

The homebuilders closed lower today following the slump in the NAHB Housing Market Index. The SPDR S&P Homebuilders ETF (XHB) was down slightly on the day. Homebuilder stocks include Lennar (LEN), D.R. Horton (DHI), KB Home (KBH), and Toll Brothers (TOL). "The NAHB Housing Market Index saw the largest 37 year drop in its history aside from April 2020," says Caroline Woods.

Market On Close

18 Jul 2022

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