Wall Street weekahead: Housing shares dependent on economy easing but not falling

March 8, 2019 by  
Filed under News

The pace of U.S. economic growth may prove to be critical for shares of homebuilders, which have climbed sharply as spring approaches. An easing economy that allows for lower interest rates supports an optimistic outlook for the industry, investors say, but any hints of a sustained downturn could sink shares.

Source: Reuters Business News

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