Indices Finish Quarter in the Black

Despite rising oil prices and a drop in consumer spending and income, indices closed in positive terrain for the month ending March 31, 2006. The Builders' Index added 12.32 points, or 0.98 percent, to end March at 1264.97.

April 01, 2006

Despite rising oil prices and a drop in consumer spending and income, indices closed in positive terrain for the month ending March 31, 2006. The Builders' Index added 12.32 points, or 0.98 percent, to end March at 1264.97. On the Product Manufacturers' side, the index ended at 969.60, an increase of 30.49 points, or 3.25 percent.

USG romped ahead 10.48 points, or 12.41 percent, to end the month at 94.96. USG shareholders on a certain date (which has not yet been determined) will have a right to purchase one new common share for each share owned for a price of $40.

Whirlpool completed its marriage to Maytag on the last day of our trading session, and sent Maytag stock ahead 4.13 points, or 24.01 percent. Including the assumption of Maytag debt, the deal is worth about $2.6 billion. Maytag closed at 21.33, and was our top percentage gainer. Whirlpool added 1.68 points, or 1.87 percent and ended at 91.47.

William Lyon Homes jumped a healthy 10.58 points after CEO William Lyon offered $93 per share for all shares outstanding in the company. WLS closed at 95.68, and was the Builders' top dollar gainer in March.

For the complete listing of Builders' and Building Product Manufacturer's indices as well as more information on the Wall Street Report, visit www.housingzone.com/economics.

Building Product Manufacturers' Index
Exchange Symbol Ticker Name Company
NYSE ASD American Standard Companies, Inc.
NASD AMWD American Woodmark Corp.
NYSE BDK Black & Decker Corp.
NYSE DOW Dow Chemical Corp.
NYSE FO Fortune Brands, Inc.
NYSE GE General Electric Corp.
NYSE GP Georgia-Pacific Co.
NYSE MAS Masco Corp.
NYSE MYG Maytag Corp.
NYSE MHK Mohawk Industries, Inc.
NYSE SHW Sherwin-Williams Co.
NYSE SWK Stanley Works
NYSE USG USG Corp.
NYSE WHR Whirlpool Corp.


Builders' Index
Exchange Symbol Ticker Name Company
NYSE AVB AvalonBay Communities, Inc.
NASD AVTR Avatar Holdings, Inc.
NYSE BZH Beazer Homes USA, Inc.
NYSE BHS Brookfield Homes Corp.
NYSE CPT Camden Property Trust
AMEX CAV Cavalier Homes, Inc.
NASD CVCO Cavco Industries, Inc.
NYSE CTX Centex Corp.
NYSE CHB Champion Enterprises, Inc.
NASD CHCI Comstock Homebuilding Companies, Inc.
NYSE DHI D.R. Horton, Inc.
NASD DHOM Dominion Homes, Inc.
NYSE FLE Fleetwood Enterprises, Inc.
NYSE HOV Hovnanian Enterprises, Inc.
NYSE KBH KB Home
NYSE LEN Lennar Corp.
NYSE LEV Levitt Corp. (Levitt & Sons, LLC)
NYSE MDC MDC Holdings, Inc.
NYSE MHO M/I Homes, Inc.
NYSE MTH Meritage Homes Corp.
NASD NOBH Nobility Homes
AMEX NVR NVR, Inc.
AMEX OHB Orleans Homebuilders, Inc.
NASD PHHM Palm Harbor Homes, Inc.
NYSE PHM Pulte Homes, Inc.
NYSE RYL Ryland Group, Inc.
NYSE SKY Skyline Corp.
NYSE JOE St. Joe Co., The
NYSE SPF Standard-Pacific Corp.
NASD TARR Tarragon Corp.
NYSE TOA Technical Olympic USA, Inc.
NYSE TOL Toll Brothers, Inc.
NYSE WLT Walter Industries (Jim Walter Homes, Inc.)
NYSE WCI WCI Communities, Inc.
NYSE WY Weyerhaeuser Co. (Weyerhaeuser Real Estate Co.)
NYSE WLS William Lyon Homes


Price 3/31/2006 Price 2/28/2006 Net Change Percent Change
Product Manufacturers' Index 969.60 939.11 30.49 3.25%
Dow Jones Industrial Average 11109.32 10993.41 115.91 1.05%
S&P 500 Index 1294.87 1280.66 14.21 1.11%
NASDAQ Composite 2339.79 2281.39 58.40 2.56%
Gainers/Losers
$ Gainer USG Corp. 10.48
$ Loser Mohawk Industries, Inc. -5.79
% Gainer Maytag Corp. 24.01%
% Loser Mohawk Industries, Inc. -6.69%
Advancers 11
Decliners 2
Source: Trade Trends, Inc. (509) 327-1279


Price 3/31/2006 Price 2/28/2006 Net Change Percent Change
Builders' Index 1264.97 1252.65 12.32 0.98%
Dow Jones Industrial Average 11109.32 10993.41 115.91 1.05%
S&P 500 Index 1294.87 1280.66 14.21 1.11%
NASDAQ Composite 2339.79 2281.39 58.40 2.56%
Gainers/Losers
$ Gainer William Lyon Homes 10.58
$ Loser NVR, Inc. -14.05
% Gainer Comstock Homebuilding Companies, Inc. 17.75%
% Loser Centex Corp. -8.31%
Advancers 23
Decliners 13
Source: Trade Trends, Inc.


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