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Home builder stocks have the potential to become extremely valuable long-term investments. With mortgage rates projected to come down, a unique opportunity exists to capitalize on the housing market rebound.
CNBC's Diana Olick reports on how Wednesday's CPI data will impact the real estate sector.
D.R. Horton (DHI) concluded the recent trading session at $158.37, signifying a +1.04% move from its prior day's close.
In the closing of the recent trading day, D.R. Horton (DHI) stood at $157.82, denoting a +1.39% change from the preceding trading day.
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has fared reasonably well this year, rising by about 16% year-to-date. This compares to the S&P 500, which has gained about 10% over the same period.
D.R. Horton (DHI) closed at $164.55 in the latest trading session, marking a +1.54% move from the prior day.
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