Homebuilding industry
Article Abstract:
Single-family home building will increase slightly in 1996 over 1995 and will be consistent with low inflation and moderate growth during the year. Results for the 4th qtr of 1995 are expected to see home delivery increases, and most homebuilders have solid orders and backlogs. Most stocks in this industry should outperform the market in 1996, and several have investment potential growth for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Homebuilding industry
Article Abstract:
New order growth has slowed in the homebuilding industry, although new home sales for May 1996 increased 7.5%. However, earnings-per-share will remain favorable through 1996 due to 2nd qtr order backlogs. Earnings for 1997 could be lower if new orders remain sluggish and mortgage rates increase in 1996 and 1997. Stocks with good balance sheets and leading market shares offer the best opportunities for investors in 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Homebuilding industry
Article Abstract:
Interest rates are not expected to fluctuate during 1996 because inflation is not expected to increase. Interest rates are approximately 8% for a 30-year fixed mortgage in 1st qtr 1996 compared with 9.25% during 1st qtr 1995. Investments in stocks should be made in companies that are well-established, for a better return.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: