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home / news releases / NVR - Why Shares of NVR Climbed 56% in 2019


NVR - Why Shares of NVR Climbed 56% in 2019

At the start of 2019, many investors expected it was going to be a challenging year for homebuilders, with mortgage rates creeping higher and first-time home buyers potentially skittish due to economic uncertainty. But those higher interest rates didn't materialize and the economy remained strong, both of which helped power homebuilder NVR (NYSE: NVR) to a 56.3% gain for the year, according to data provided by S&P Global Market Intelligence.

NVR vs. S&P 500 data by YCharts

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Stock Information

Company Name: NVR Inc.
Stock Symbol: NVR
Market: NYSE
Website: nvrinc.com

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