Homebuilders didn't benefit from Tuesday's S&P/Case-Shiller index improvements, but the Census Bureau data seemed to cause a multiplier effect.
While the positive gains were small for many of the homebuilders, a broadly positive trend is welcome news for the beleaguered sector.Only two major names in the sector were down at mid-day: The stock price of he Ryland Group (RYL) was down 0.6%; while luxury homebuilder Toll Brothers (TOL) was down 0.3%. It was just a few weeks ago that a better-than-expected outlook from Toll Brothers sent the entire sector up. Today, instead of leading the industry surge, Toll was missing out on it. -- Reported by Eric Rosenbaum in New York Follow TheStreet.com on Twitter and become a fan on Facebook.
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