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Homebuilders Just Posted Their Best Day In A Year: What's Behind The Move? - KB Home (NYSE:KBH), Lennar (
Homebuilder stocks posted their strongest rally in months after Congress passed the 21st Century ROAD to Housing Act, a bipartisan housing reform package designed to increase supply, cut construction costs and limit institutional home purchases. Investors bet the legislation could provide a major tailwind for builders despite elevated mortgage rates.
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benzinga.com
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Homebuilders Just Posted Their Best Day In A Year: What's Behind The Move? - KB Home (NYSE:KBH), Lennar (
Homebuilder stocks posted their strongest rally in months after Congress passed the 21st Century ROAD to Housing Act, a bipartisan housing reform package designed to increase…