Homebuilder Shares Continue to Impress Investors With Gains -- U.S. Housing Market Shows No Sign of Slowing

The Paragon Report Provides Stock Research on Lennar and Toll Brothers

Marketwired

NEW YORK, NY--(Marketwire - Oct 19, 2012) - Homebuilder's have continued to impress investors with gains in 2012 as data supporting the U.S. housing market's recovery continues to pour in. The iShares Dow Jones U.S. Home Construction Index Fund (ITB) and the SPDR S&P Homebuilders ETF (XHB) year-to-date have gained Over 70 percent and 50 percent, respectively. Paragon Report examines the outlook for companies in the Residential Construction Industry and provides equity research on Lennar Corporation (NYSE: LEN) and Toll Brothers Inc. (NYSE: TOL).

Access to the full company reports can be found at:

www.ParagonReport.com/LEN

www.ParagonReport.com/TOL

On Wednesday the Commerce Department U.S. home construction hit a 4 year-high of 872,000 after soaring 15 percent in September. Construction permits also saw a double-digit increase jumping 12 percent to an annual rate of 894,000, an increase of 93.4 percent over last year. The increase was the largest yearly gain in nearly 20 years.

"If there was any doubt that the housing market was undergoing a recovery, even a modest one in the face of the terrible 2008 decline, those doubts should be erased by now," wrote Dan Greenhaus, chief global strategist at BTIG LLC.

Paragon Report releases regular market updates on the Residential Construction Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.

Lennar's home building operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. Shares of the company have gained over 90 percent year-to-date.

Toll Brothers builds an array of luxury residential communities, principally on land it develops and improves: single-family detached and attached home communities, master planned resort-style golf communities, and urban low-, mid- and high-rise communities. Shares of the company have gained nearly 70 percent year-to-date.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

http://www.paragonreport.com/disclaimer

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