The National Association of Home Builders/Wells Fargo housing-market index posted a 54 in November, any reading above 50 signals optimistic sales trends amongst builders. The reading matches a revised reading in October and breaks a streak of two consecutive months of declines. "The fact that builder confidence remains above 50 is an encouraging sign, considering the unresolved debt and federal budget issues cause builders and consumers to remain on the sideline," said David Crowe, NAHB?s chief economist. Here is how some homebuilders reacted Monday:

Beazer Homes USA, Inc. (NYSE: BZH) shares traded in the range of $19.75 to $20.85 Monday before settling to close at $19.83, a decrease 2.51 percent. The stock appears to be facing some resistance at the $19.99 and $21.05 levels with some support at $19.63. Shares of Beazer Homes have gained approximately 17.0 percent in 2013.

More information on Beazer Homes and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BZH

Hovnanian Enterprises, Inc. (NYSE: HOV) shares traded in the range of $4.85 to $5.01 Monday before settling to close at $4.87, a decrease of 1.42 percent. The stock appears to be facing some resistance at the $4.92 and $5.04 levels with some support at $4.86. Shares of Hovnanian Enterprises have fallen approximately 30.0 percent in 2013.

More information on Hovnanian Enterprises and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HOV

The Ryland Group, Inc. (NYSE: RYL) shares traded in the range of $38.14 to $39.39 Monday before settling to close at $38.35, a decrease of 0.16 percent. The stock appears to be facing some resistance at the $38.92 and $39.39 levels with some support at $37.94. Shares of The Ryland Group have gained approximately 5.0 percent in 2013.

More information on The Ryland Group and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RYL

Standard Pacific Corp. (NYSE: SPF) shares traded in the range of $7.53 to $7.75 Monday before settling to close at $7.61, a decrease of 0.65 percent. The stock appears to be facing some resistance at the $7.61 and $7.77 levels with some support at $7.43. Shares of Standard Pacific have gained approximately 3.5 percent in 2013.

More information on Standard Pacific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SPF

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