Hovnanian Enterprises

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Moody’s: Homebuilding outlook falls from positive to just ok

Nov 05, 2018By

Moody’s Investor Service has lowered its homebuilding outlook from positive to stable, signaling macro factors and order trends are expected to impact future growth. Moody’s VP-Senior Credit Officer Joseph Snider said the firm believes that industry revenue growth will be below 10% by 2019.

3d rendering of a row of luxury townhouses along a street

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