American housing developers' Concept stocks generally have expanded gains, with reports stating that the industry is brewing 1 million "Trump residences."

date
04/02/2026
LGI Homes rose more than 7.6%, Hovnanian rose by about 7%, Pulte rose 6.1%, Lennar and Toll Brothers both rose by approximately 6%, Meritage Homes rose by about 5.6%, Horton Homes/DR Horton rose more than 5.3%, KB Home rose more than 4.6%, Green Brick rose more than 4.5%, Patrick Industries maintained a rise of over 1.7%, iShares Arconex US Home Construction ETF rose by 5%, and SPDR S&P Homebuilders ETF rose by 4.4%. According to sources familiar with the matter, several large home developers are considering plans to build 1 million "Trump Homes"/"Trump Residences".