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Northern Nevada's largest homebuilder Lennar will grand open two new home communities on Sunday, October 30 with a special ribbon cutting ceremony at 10 a.
Housing stocks like Home Depot and Lennar were hit hard, though their business prospects now appear bright.
Charts show homebuilder stocks are struggling on sluggish housing data.
Lennar is excited to Grand Open their newest Oro Valley community, Eagles Summit, on Saturday, October 22, from 11 a.
The exchange-traded funds for the construction industry and regional and community banks suggest that the housing recovery may have peaked at 60% of potential.
Relief over the Federal Reserve's slow-and-steady interest rate plan fueled another day of gains Thursday, pushing the Nasdaq to a record close for the second session in a row.
Stocks hold in the green on Thursday as relief over a patient Federal Reserve fuels market gains.
Stocks rise Thursday as relief over a patient Federal Reserve fuels market gains.
Stock futures move higher on Thursday as relief over a patient Federal Reserve fuels market gains for a second day.
Lennar (LEN) said on Thursday that it would buy WCI Communities (WCIC) for $643 million in cash and stock.
- Cash and stock consideration represents a premium of approximately 37 percent for WCI Communities stockholders
Homebuilder sentiment gained five points in September, while single-family housing starts slumped in August. Here's how to trade stocks in the sector.
Gains from one day are being wiped out the next and vice versa, Cramer says.
Wall Street makes few big moves on Tuesday as investors opt to sit on the sidelines ahead of a major day of monetary policy news.
Stocks rally and then get smacked down in this inconsistent atmosphere.
Stocks move slightly higher Tuesday as nerves peak over how the Federal Reserve and the Bank of Japan will vote in their separate two-day meetings.
Stocks are higher Tuesday as Federal Open Market Committee members convene for their widely anticipated meeting.
The stock has been rolling over on the charts. There's more weakness ahead as support looks fragile.
U.S. stocks gained steam on Tuesday, as the Federal Reserve's September meeting began.
We're looking at a multi-year improvement in the overall housing market.
Stock futures move higher on Tuesday as Federal Open Market Committee members convene for their widely anticipated meeting.
Lennar (LEN) reported stronger-than-expected earnings and revenue for the 2016 fiscal third quarter on Tuesday morning.