Positive news supporting the U.S. housing market?s recovery has continued to roll in. The NAHB/Wells Fargo homebuilder sentiment index surged to 52 in June from 44 in May, which was the biggest month gain since 2002 and the highest reading in seven years. Despite the recent the recent positive data shares of homebuilders fell Wednesday after the Federal Reserve announced it would maintain its current stimulus measures. Here is how some companies reacted to the new Wednesday:

D.R. Horton, Inc. (NYSE: DHI) shares traded in the range of $23.39 to $24.44 Wednesday before settling to close at $23.44, a decrease of 3.86 percent. The stock appears to be facing resistance at $23.85 with some support at $22.38. Shares of D.R. Horton have fallen approximately 13.9 percent in the past month.

More information on D.R. Horton and access to the free equity report can be found at:
www.WallStreetFundamentals.com/DHI

Hovnanian Enterprises, Inc. (NYSE: HOV) shares traded in the range of $6.19 to $6.46 Wednesday before settling to close at $6.22, a decrease of 3.27 percent. The stock appears to be facing some resistance at $6.50 with support at $6.15. Shares of Hovnanian Enterprises have fallen approximately 11.1 percent in 2013.

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

KB Home (NYSE: KBH) shares traded in the range of $21.15 to $22.11 Wednesday before settling to close at $21.17, a decrease of 3.82 percent. The stock appears to be facing some resistance at $21.91 with some support at $20.60. Shares of KB Home have fallen approximately 12.1 percent in the past month.

More information on KB Home and access to the free equity report can be found at:
www.WallStreetFundamentals.com/KBH

Toll Brothers Inc. (NYSE: TOL) shares traded in the range of $33.11 to $34.49 Wednesday before settling to close at $33.14, a decrease of 2.64 percent. The stock appears to be facing resistance at the $33.21 and $33.83 levels. Shares of Toll Brothers have fallen approximately 10.2 percent in the past month.

More information on Toll Brothers and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TOL

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