The homebuilder benefited from the positive earnings report from competitor D.R. Horton and the relatively good news from the SP Case-Shiller report.
Its stock price gained nearly 4.7% just one day after it fell by 2.7% when it was downgraded by Barclays.
There were 14 of the 17 MIEC stocks which closed higher on Tuesday. The Dow Jones Industrial Average ended a five-day losing streak, gaining 91 points. Among the reasons for the market turnaround is a meeting of the Federal Reserve Board taking place Tuesday and Wednesday.
The other leading gainers are MGIC Investment Corp., up nearly 4%, and Radian Group, up almost 2.7%.
Astoria Financial closed unchanged, while the stock prices of Fidelity National Financial and Home Loan Servicing Solutions fell by 0.6% each.