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Is the homebuilder rally for real?
Shares of homebuilders rallied Wednesday after Toll Brothers reported strong quarterly results and an industry group said home sales rose in July. The nation's leading luxury homebuilder reported a...
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Home is where the recovery is
This article was published in the October issue of Money magazine. By Paul R. La Monica Stop me if you've heard this one before: The housing market has finally hit bottom. After years of false hope,...
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Good housing news is bad for housing stocks
The housing market has hit bottom. Problem is, investors already know that. Two honebuilders reported decent, albeit not spectacular, results Monday morning. D.R. Horton (DHI) posted a profit that...
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The market doesn't lie: Housing recovery is real
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any...
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