This party is going to boogy on for awhile yet. Homebuilder Stocks Decline After Residential Construction Spending Falls in November ..Builders have rdrcoeed major losses in the past year as they contended with declining home prices and sales, plus ballooning supplies of unsold homes. The disrupted credit markets have diminished the pool of qualified home buyers, and a spike in foreclosures has dumped more supply onto the market..Most economists believe the housing slump will last through 2008, forcing builders to further slash prices on already built homes and sharply curb construction plans . Rate this comment: 0 0

by Misa 04:01:41 AM 2012.12.09