(Homebuilder story updated for closing prices)
NEW YORK ( TheStreet) -- The broad market may have been up on the latest year-over-year improvement in the Case-Shiller home price index data, but the homebuilder sector suffered a mid day on Tuesday after the Case-Shiller numbers showed little to no gain month over month.
While both the S&P 500 and Dow Jones Industrial Average were down slightly by the end of trading on Tuesday, the homebuilder sector suffered to a greater extent, as fears of a double dip in home prices pushed down many of the big-name builders. However, there were some bright spots in the sector, even as the Case-Shiller numbers provided some fuel to the double-dip theoretical fire.
Housing-market experts have feared a double dip in home prices might be coming
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