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An S&P index of U.S. homebuilders was down 4.6 percent at 3:39 p.m. in New York
Rising Rates Put U.S. Homebuilders — and Investors — in a Spot
published Jun 13, 2018 2:42:17 PM, by Prashant Gopal (Bloomberg) — The Fed’s rate hike Wednesday, and its signal of two more increases to come this year, will only add to investors’ biggest worry about the U.S. housing market — that it’s getting too expensive. An S&P index of U.S.