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2012-08-13 — bloomberg.com
The Standard & Poor's Supercomposite Homebuilder Index of 11 companies has climbed 53 percent this year through Aug. 10, compared with a 12 percent gain for the broader S&P 500 Index. (SPX) Builders, including PulteGroup Inc. (PHM) and D.R. Horton Inc. (DHI), are raising prices in markets with limited inventory and targeting move-up buyers with more money for down payments and better access to credit than first-time purchasers.
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