homebuilderstocks com reports %c2%96 homebuilder sector hits milestone all time construction spending high

Commerce Department report states that construction spending was at an all age aerial in September, and that consumer spending is still able.

POINT ROBERTS, WA. – November 3, 2005 – www.HomebuilderStocks.com, (HBS) a global investment statement and research portal for the homebuilder sector, reports that the month of September saying the homebuilding sector hit another milestone. According to a Commerce Department report, construction spending in September reached an all age aerial of $1.12 trillion as homebuilders took advantage of low absorption rates. While September’s absorption rates were still low, analysts predict that the Federal Reserve will be hiking rates up to combat inflation concerns as energy prices rise. Even though rates attending set to rise, the homebuilding sector is able-bodied positioned as abounding parts of the country charge to be rebuilt following recent hurricane action.

September’s document breaking construction spending followed gains of .6% in both July and August. In recent weeks homebuilder stocks took a hit due to an uncertain outlook on consumer spending, but the Commerce Department report again stated that consumer spending was still able, which sent sector stocks on a rally. Again on Monday, Centex Corp. announced a share repurchase aim to buy back up to 5 million shares of its accepted stock. At marketplace close Centex shares traded at $64.34, down 1% from Friday. The nation’s biggest homebuilder D.R. Horton (NYSE: DHI) announced earlier in October that orders for advanced homes rose nearly 26% in the last quarter.

HBS does not accomplish stock recommendations but offers a altered chargeless advice portal for investors to analyze statement, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).

Our current list of public companies in the sector includes: Toll Brothers, Beazer Homes USA, Inc., Ryland Accumulation, Brookfield Homes, Centex, Inc., At ease Depot, Homestore, Inc., KB At ease, Lennar Corporation, Lowe’s, Monterey Homes, Orleans Homebuilders, Inc., Pulte Homes and abundant others.

For the all list, click here: http://www.homebuilderstocks.com/Companies/HomebuilderStocks/HomebuilderStockList.asp

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ECON is a privately owned corporate communications company specializing in: media relations, investor relations, and research on public companies and industry sectors, for the investment community. Annihilation on our sites should be construed as an action or solicitation to buy or sell any specific products or securities. All investments involve risk. Former performance does not guarantee approaching results, accordingly investigate before you invest! Although we advance to research thoroughly, we action no guarantees as to the rectness of any advice presented. We animate all investors to statement our sites alone as a resource to further their own research. The site is compensated by its “Featured Companies,” as outlined in our on-line disclaimer at www.InvestorIdeas.com/About/Disclaimer.asp. HomebuilderStocks.com/ECON is compensated by Featured Companies: IBH and CYBL. IBH pays ECON a charge of Eight thousand seven hundred dollars per month, plus 100,000 stock options. Cyberlux Corporation – Four thousand dollars per month. Featured Company on HomelandDefenseStocks.com and HomebuilderStocks.com

SOURCE: www.HomebuilderStocks.com.

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About the author:
HBS does not accomplish stock recommendations but offers a altered chargeless advice portal for investors to analyze statement, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).

Originall posted October 14, 2012