Homebuilding industry
Article Abstract:
The house construction segment of the construction industry has shown strength in the opening months of 1997 but industry analysts expect that the quarter-point interest rate rise of March, 1997 and anticipated further increased rates will slow new housing starts and effect industry growth for possibly 3 to 5 years. While industry performance is expected to be high in 1997, investors should be aware that its history shows high volatility and that earning estimates may be reduced at any time.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Homebuilding industry
Article Abstract:
There are fewer new orders in the homebuilding industry expected in 1997 as economic growth decreases and housing starts decrease. Relative market performance for the industry is expected to be average in 1997. A selective acquisition policy should govern investors interested in the homebuilding industry. Investors should invest in companies that are expected to grow and do well financially during 1997.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Homebuilding industry
Article Abstract:
The homebuilding industry is expected to make gains in 1998, although changes in interest rates may influence consumers' decisions about building. After trading lower than average for the first half of 1997, homebuilding stocks are rising. Shares of Centex, for instance, gained about 35% in the third quarter. Many builders are spinning off their financial services subsidiaries.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: