Mortgage rates have been the crucial variable for home builders this year. This has, on balance, been a good year for home builders. But rising interest rates in the summer put a dent in sales that spooked investors, sending the S&P home-building index down 29% from its peak this year in May to its September trough. What's notable about the rebound in home sales is that it has happened despite mortgage rates remaining higher than earlier in the year.
via Business News - Yahoo Finance http://finance.yahoo.com/news/home-builders-poised-ride-jobs-182400249.html
0 commentaires:
Enregistrer un commentaire