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Homebuilding industry

Authors :
Joseph, Christopher M.
Plante, Thomas R., Jr
Brody, Jed S.
Sharav, Ben
Sanborn, Stephen
Source :
The Value Line Investment Survey (Part 3 - Ratings & Reports). Oct 18, 1996, Vol. 52 Issue 6, p872, 11 p.
Publication Year :
1996

Abstract

Home construction industry securities will be an average investment area for 1997 and beyond but sharp short-term fluctuations can be expected in keeping with the country's economic trends. Performance in 1996 was strong, aided by the Federal Reserve's decision not to increase short-term rates and its sending home mortgage rates under 8%. Employment, and its resultant effect on home purchases, will greatly influence industrial growth.

Details

ISSN :
00422401
Volume :
52
Issue :
6
Database :
Gale General OneFile
Journal :
The Value Line Investment Survey (Part 3 - Ratings & Reports)
Publication Type :
Periodical
Accession number :
edsgcl.18797758