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November 14, 2007

Brother, can you spare a dime to purchase some stock?

Standard & Poor’s Capital IQ has put out a new graph showing the pummeling that homebuilding stocks have taken in the past year. The key is hard to see: Blue represents the S&P 500 (up 6 percent), maroon represents the major homebuilders (down 46 percent) and yellow is the S&P 500 Homebuilding Sub-Industry Index (down 53 percent).

Ouch.

 

HomebuilderStocks.gif

Source: Standard & Poor’s Capital IQ

 

Posted by Jamie Smith Hopkins at 5:03 PM | | Comments (0)
        

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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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