We Are Removing Realogy (RLGY) from Investing Ideas

09/26/17 11:36AM EDT

Below is a brief note from Hedgeye CEO Keith McCullough on why we're removing Realogy (RLGY) from Investing Ideas today:

"On the heels of a rate of change slow-down in New Home Sales this morning and Realogy (RLGY) finally appreciating to the top-end of our intermediate-term TREND investment @Hedgeye Risk Range, I’m going to book what’s been a nice win for our Housing Research Team (led by Josh Steiner and Christian Drake)."

No change to our Housing team's fundamental research view. Click here to read our analyst's original report.

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