1. Homebuilding industry
- Author
-
Joseph, Christopher M., Brody, Jed S., Sharav, Ben, and Sanborn, Stephen
- Subjects
Catellus Development Corp. -- Securities -- 00094612 ,Centex Corp. -- Securities -- 00301466 ,Hovnanian Enterprises Inc. -- Securities -- 00050602 ,KB HOME -- Securities -- 00056262 ,Lennar Corp. -- Securities -- 00305160 ,Newhall Land and Farming Co. -- Securities -- 00306268 ,Pulte Homes Inc. -- Securities -- 00324194 ,Ryland Group Inc. -- Securities -- 00307532 ,Standard Pacific Corp. -- Securities -- 00308159 ,Toll Brothers Inc. -- Securities -- 00321278 ,Del Webb Corp. -- Securities -- 00309277 ,Construction industry -- Securities ,Business ,Business, general - Abstract
The homebuilding industry is expected to make gains in 1998, although changes in interest rates may influence consumers' decisions about building. After trading lower than average for the first half of 1997, homebuilding stocks are rising. Shares of Centex, for instance, gained about 35% in the third quarter. Many builders are spinning off their financial services subsidiaries.
- Published
- 1997