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0.000540832882639157 0.000540832882639157 -0.00162249864791785 -0.0030367766360196 -0.00973499188750674 -0.00242698756084376 0.000270416441319578 -0.00108166576527851
Stock impact report

U.S. home-builder confidence hits 18-year high [MarketWatch]

LGI Homes, Inc. (LGIH) 
Last lgi homes, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.lgihomes.com/investor-relations
Company Research Source: MarketWatch
Home-builder confidence roars to an 18-year high The numbers: The National Association of Home Builders’ monthly sentiment index surged five points to 74 in December, its highest reading since 1999. What happened: Economists had forecast a flat reading at the 70 level. November’s reading was revised down a tick, while builder sentiment turned far more bullish than expected this month. In November, the subindex of current conditions rose four points to 81, while the gauge of future sales rose three points to 79. The subindex that tracks buyer traffic jumped eight points to 58, its highest since 1998. Any reading over 50 signals improving conditions. Big picture: Builders seem to be in a sweet spot: The economy is supporting a strong pace of home sales, and the tax overhaul that seems likely to become law should boost profits. Read: Generation X recovery boosts home ownership “Housing market conditions are improving partially because of new policies aimed at providing regulatory r Show less Read more
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