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News 2026-07-23 17:11 UTC

NVR -4.2% in homebuilders after earnings results adding to pressure in the sector. The sector was broadly lower following another spike in T

NVR -4.2% in homebuilders after earnings results adding to pressure in the sector. The sector was broadly lower following another spike in Treasury yields (boosting mortgage rates impacting purchases and refinances); NVR Q2 EPS fell -23% to $83.96 vs est. $89.98 per share and revs down -10% Y/y to $2.28B (est. $2.39B)