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Shares of home builders, home-improvement retailers and home-furnishers were all up on Thursday, following some good news in the sector.
Despite widening its loss in the second quarter, home builder Lennar(LEN Quote) reported some promising data Thursday morning.
The company posted a 47% increase in sales of completed homes and 63% jump in orders from the first quarter. Lennar also saw a 15% cancellation rate, smaller than the 22% rate in the year prior. ...
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