Latest News

New York Times article cites rise in home builder stocks

The New York Times today published an article entitled "Home Builder Stocks at Highest Point in 2 Years After 6-Month Rise." In it, the Times detailed the following:

  • After investing several million dollars into the shares of the home builder Lennar, Federated Investors saw a two-fold return on that investment.
  • Home builder stocks are at their highest level in two years, with the Standard & Poor's index of 11 home builder stocks rising 80 percent since October, the most recent low for the industry.
  • The National Association of Home Builders said that its housing market index, which measures the outlook for home builders, held steady at 28 in March from the same level in February, its highest level in five years. While still far below the 70s it reached in 2005 during the housing boom, the index has doubled in the last six months.
  • Economic data showed that builders requested 5.1 percent more permits in February but broke ground on fewer units. On Wednesday, a report from the National Association of Realtors said that sales of previously owned homes declined 0.9 percent in February from January but that they were still at their second-highest level in 21 months. The median sales price for an existing home rose 0.3 percent to $156,600 in February, compared with a year earlier.

To read the full article, visit

Did you enjoy this article? Click here to subscribe to Stone World 

You must login or register in order to post a comment.



Image Galleries

StonExpo 2015 Product Showcase

Check out the latest products from the StonExpo trade show.

Stone World Magazine

Stone world march 2015 cover

2015 March

As part of the SW March 2015 issue, check out a feature article by editor Jennifer Adams about the 2015 StonExpo/Marmomacc Americas trade show

Table Of Contents Subscribe

Contemporary Stone & Tile Design Magazine

CSTD Winter 2015 cover

2015 Winter

This issue of Contemporary Stone & Tile Design features the Tile of Spain design awards. Also highlighted in this edition is the Ceramics of Italy Tile Competition — sponsored by Confindustria Ceramica (the Italian Association of Ceramics) and the Italian Trade Commission

Table Of Contents Subscribe


Are you aware of the new stone standard – ANSI/NSC 373 Sustainability Assessment for Natural Dimension Stone?
View Results Poll Archive

The Stone World Store

How to Polish & Restore Marble Flooring

This video will show you step-by-step how to resurface and polish marble flooring from grinding and removing lippage and scratches to achieving a highly reflective polish.

More Products

Stone Industry Education

Stone Industry Education

From marketing and much more!  We provide natural stone professionals with stone knowledge and education they can count on, as well as great networking opportunities. Click here to go to Stone Industry Education.


facebook logo Twitter  YouTubeGoogle+

Stone Guide 2014

2014 Stone World Stone Guide

The directory for Stone, Equipment and Supplies - the single information resource readers turn to.