Home Builder Stocks Are on Track for Worst February in 5 Years. What’s Dragging Them Down. - Barron's
1. Home builder stocks face worst February since 2020, impacting investor sentiment. 2. Toll Brothers reported disappointing earnings, closing at its lowest since July. 3. Construction costs and high mortgage rates are causing builders to scale back. 4. Housing starts dropped further than expected, signaling caution in the market. 5. Declining home construction may lead to future price increases, worsening affordability.