June 21, 2016

On Tuesday, the S&P 500 rose 0.3% while Toronto was about flat.

Toll Brothers Fell 1.2% despite the fact that Lennar, also a home building company reported an earnings gain and strong new home orders today. After the close, KB Home reported better-than-expected results.

Statistics Canada reports that investments in new homes in this country are up substantially although down substantially in Alberta.

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