|Day's Range||45.27 - 45.69|
|52 Week Range||32.09 - 47.45|
|PE Ratio (TTM)||13.29|
|Dividend & Yield||0.16 (0.35%)|
|1y Target Est||N/A|
The housing market has experienced an acute shortage of homes for sale for about two years. As the labor market churns out more jobs and builders struggle to secure land, building materials and skilled labor, the situation could worsen. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to a seasonally adjusted annual rate of 5.52 million units last month.
Marty Whitman's firm delivers shareholder letter by lead portfolio manager Chip Rewey
The Zacks Analyst Blog Highlights: KB Home, Lennar, M.D.C. Holdings, Taylor Morrison Home and TRI Pointe Group