The Wall Street Journal's Kris Hudson finds that quarterly reports from home builders Toll Brothers and Hovnanian Enterprises “provide minimal optimism for the new-home market going into 2015.”
Hovnanian called 2014 disappointing, as sales of newly built homes were up by only 1 percent in the first 10 months of this year from the same period last year.
Sign-up for Pro Builder Newsletters
Get all of the latest news and updates.