Latest Quarterly Home Builder Results Provide Minimal Optimism

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December 11, 2014

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.
 
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