PulteGroup (PHM – Get Report) stock is increasing by 3% to $16.48 in afternoon trading on Friday, after existing-home sales rose month-over-month in December. PulteGroup is an Atlanta-based homebuilder. Total existing-home sales increased by 14.7% to a seasonally adjusted rate of 5.64 million in December from the month prior, according to the National Association of Realtors.
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