Thursday, July 26, 2007

CORRECTED: Things go from bad to worse for U.S. home builders

(Reuters) - NEW YORK - The slaughterhouse that has been the U.S. housing market for the past few months got bloodier on Thursday as several industry leaders reported worse results, June home sales fell more than expected and stocks throughout the sector hit multiyear lows.




The grim tidings about the industry dragged down both the housing and construction sectors, as well as the broader stock market.


Read more at Reuters.com Business News

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