Hold off buying battered housing stocks as there’s more pain to come, star analyst Ivy Zelman says

Econ & Housing

The plunge in homebuilder sentiment is a signal of a housing slowdown that’s just beginning, according to star housing expert Ivy Zelman. Builder sentiment dropped 12 points to 55 in July, according to a Monday report from the National Association of Home Builders. The slump brought the index to its lowest point since the beginning…

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