Builder Stocks May Be Signaling Recovery
New York, NY, Jan. 2, 2012 -- Investors seem to be saying that a housing rebound may have begun.
Homebuilder stocks have jumped as much as 45% over the past three months.
It's been a volatile ride for homebuilders' stocks this year. They rose steadily in the first half of the year, then fell 29% in the third quarter, only to rally 25% over the past three months.
It's not clear how much conviction investors have in the homebuilding sector.