iShares U.S. Home Construction ETF

NYSEARCA: ITB
$50.14
-$0.26 (-0.5%)
Closing price February 21, 2020

Why DR Horton Earnings Are Not Impressing Investors

D.R. Horton Inc. (NYSE: DHI) reported first-quarter fiscal 2020 results before markets opened Monday. The homebuilder reported diluted earnings per share (EPS) of $1.16 on revenues of $4.02 billion. In ...
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Homebuilder Sentiment Defies Endless Recession Calls by the Media

The National Association of Home Builders has released its latest Housing Market Index (HMI), with a reading of 68 for September. That is a high in 2019, higher than the ...
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ITB and XHB: 2 Top Homebuilder ETFs Different as Night and Day

The market for U.S. homes is driven by three principal engines: mortgage loan interest rates, home prices and available inventory. At the end of March 2019, all three were doing ...
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How Wall Street Is Looking at Q3 Earnings Season, Sector by Sector

The week of October 15 to October 19 is when third-quarter earnings will fly into hyper-drive. Endless numbers of America's biggest and smallest companies communicating the most recent quarter and ...
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Housing Companies Stand Strong Despite Big Construction Spending Disappointment

The U.S. Department of Commerce reported that construction spending was down 1.3% in June from May, and May's report was revised to a gain of 0.3% from a flat 0.0% ...
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home prices

Was 2013 the Peak of the Housing Market?

Fannie Mae has issued a very mixed report looking forward. While 24/7 Wall St. covered the report earlier on Monday, what stands out is not just that housing has been ...
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home building

Will Homebuilders Revisit 52-Week Lows Soon?

What ever happened to that prolonged, multiyear housing market recovery? Maybe the private equity buyers bought up all the bargains so fast that public transition cycle from owner to renter ...
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home building

Is Housing Really a Short Again?

It does not take a rocket scientist to figure out that months of weak housing data are signaling real underlying problems in the single-family home market. Sure, certain markets remain ...
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Housing development

Absolute Sticker Shock for New Home Prices

After the U.S. Census Bureau released data on new single-family home sales for March Wednesday morning, the big shocker was that new home sales fell by a whopping 14.5% to ...
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House for Sale

Case-Shiller: November Home Prices Remain Hot

The S&P/Case-Shiller home price index for November showed another month of solid gains. The 20-city composite rose 13.7% year-over-year, equal to the consensus estimate for the month. The 10-city index ...
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House for Sale

Case-Shiller: Home Prices Post Strong Gains in August

The S&P/Case-Shiller home price index for August posted another month of solid gains. The 20-city composite rose 12.8% year-over-year, above the consensus estimate for a rise of 12.4% for the ...
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New home

Case-Shiller: Home Price Recovery Pace Slows Down

The S&P/Case-Shiller home price index for July posted another month of solid gains. The 20-city composite rose 12.4% year-over-year, in line with the consensus estimate for the month. The 10-city ...
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Ben Bernanke Official Portrait

Live Coverage: FOMC, Bernanke, Fed Lowered Forecasts, No Bond Purchase Tapering

24/7 Wall St. has been surprised by the FOMC with the decision not to begin tapering its $85 billion per month in bond buying. The markets were surprised too, because ...
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New home

Case-Shiller: Home Price Recovery Already in Jeopardy

The S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as the record-setting rise in May. The 20-city composite rose 12.1% ...
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construction

Housing Market Expectations Not Adding Up Against Homebuilder Shares

You have probably noticed in the last couple of months that some of the strong housing recovery news headlines have tamed. Some of the price hikes, existing home sales, permits ...
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