Investors eye improvements in data for housing stocks

On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar (LEN.N), the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. U.S. permits for future home construction surged to a near eight-year high in May, a sign of a buildup of momentum, but housing starts fell. Broadly, shares of housing stocks have reflected this.

Investors eye improvements in data for housing stocks source: http://finance.yahoo.com/news/investors-eye-improvements-data-housing-230516566.html