"Builders across the country have been reporting noticeable improvement in the number of serious buyers who are in the market for a new home, and today's report shows that this is translating to some welcome gains in construction activity," said Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. "While there is still plenty of room for improvement, it's encouraging to see this continuing trend that is spurring much-needed job growth." For every 100 new single-family homes that are built, 300 new jobs are created, he noted.
Beazer Homes USA Inc. (NYSE:BZH) is trading at $3.80, up 0.05 or 1.33% as of 10:48AM EDT on over 1.8 Million shares.
KB Home (NYSE:KBH) is trading at $13.10, currently down 0.06 or 0.42% as of 10:52AM EDT on over 2.2 Million shares. The stock traded as high as $13.20 in earlier trading.
PulteGroup, Inc. (NYSE:PHM) is trading at $16.44, down 0.01 or 0.06% as of 10:54AM EDT on over 6 Million shares. The stock was up in earlier trading with a high of $16.55.
Toll Brothers Inc. (NYSE:TOL) is trading down slightly at $ 36.40, down 0.01 or 0.04% as of 10:55AM EDT, with a morning high of $36.63.
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