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Is the housing market still slumping? Investors to get look at fresh data on housing starts, existing-home sales and building permits
Beaten-down home-builder shares face a key test this week when investors get a fresh look at data on housing starts, existing-home sales and building permits.
Investors have soured on home builders this year, citing signs that the housing market is cooling. A rebound in the housing sector will be pivotal to renewing investor interest in a particularly hard-hit part of the stock market, analysts say.