Home builders’ stocks look challenged because buyers still aren’t showing up

Photograph by Greg Rakozy

 

By Daren Fonda | Barron’s

Shares of the home builders and related stocks have done well this year, with the S&P 500 Homebuilding index up 14.4%. But the builders themselves still face a tough year for new orders and sales, according to JPMorgan analyst Michael Rehaut.

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