New home construction in Philadelphia, Pa., Wednesday, Nov. 17, 2021. New home construction in the U.S. jumped 11.8% in November as builder confidence continues to rise amid strong demand. - AP
INVESTORS are watching home builder stocks as rising interest rates threaten to shake up a sector that surged to record highs in 2021.
Rate increases may weigh on the stocks of builders like D.R. Horton Inc and Lennar Corp as a leap in borrowing costs has the potential to deter home buyers, who are also facing lofty housing prices.
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