February 20, 2013 at 13:37 PM EST
Housing Signals Mixed As Toll, Owens Corning Miss
Luxury builder Toll Bros. (TOL) says demand for new housing is climbing, even as its quarterly earnings and profits fell short of analyst forecasts Wednesday. It was the latest in a batch of murky signals on the health of the housing market. Housing starts unexpectedly tumbled 8.5% in January from December, the Commerce Department reported. But that reflect a drop-off in volatile multifamily starts. Construction on single-family homes actually
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