Homebuilders are tied to interest rates. Look at the US 10-year yield; it needs to be 50-75 basis points lower to revive positive momentum in all the homebuilders.
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Sprung Investment Management
ETF Capital Management Inc.
CNBC
Scotia Wealth Management
5i Research
Homebuilders are tied to interest rates. Look at the US 10-year yield; it needs to be 50-75 basis points lower to revive positive momentum in all the homebuilders.