BOSTON ( TheStreet) -- A week after the release of key housing indicators, the real estate market still doesn't have its house in order.The Commerce Department announced a week ago that housing starts jumped 10.5% in August, and homebuilders including KB Home (KBH - Get Report), Lennar (LEN - Get Report), Pulte (PHM - Get Report) and D.R. Horton (DHI - Get Report) rejoiced, while their stocks rose. Three days later, the Commerce Department said new home sales were flat, with the 288,000 houses sold in August falling below estimates.
Real Estate Faces Long Road Home
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