New York, NY -- (SBWIRE) -- 02/04/2013 -- Growing Stock Report initiates a Declining Housing Stocks Watch List and adds the following stocks: Hovnanian Enterprises Inc., PulteGroup, Inc., and Beazer Homes USA Inc.
Hovnanian Enterprises Inc. (NYSE:HOV) designs, constructs, markets, and sells residential homes in the United States is currently down (-5.17%) on over 6,038,107 shares traded.
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Beazer Homes USA Inc. (NYSE:BZH) a company that designs, builds, and sells single-family and multi-family homes is currently down (-1.21%) despite releasing a press release today stating "Steadily low mortgage rates combined with rising demand for newly constructed homes creates a promising sales event for Beazer Homes, USA, INC. ( NYSE : BZH ), one of the country's top 10 homebuilders. The Get More Sales Event, February 4 - 17 encourages buyers to take advantage of the favorable market conditions by finding the right home at the right price."
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PulteGroup, Inc. (NYSE:PHM) a company through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States is currently down (-2.26%) on 6,379,796 shares traded.
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