Skip to Content

Video

Homes are under construction at the Lennar Bridgeway home development on December 15

Why shares of homebuilders just plunged

By Julia Horowitz, CNN Business Looming interest rate hikes are slamming US tech stocks, which dropped sharply last week as investors reassessed how higher borrowing costs could hit their portfolios. But it’s not the only sector to take a beating. What’s happening: Shares of US homebuilders including Toll Brothers, Lennar and PulteGroup were among the

Continue Reading