Experts had expected home builder sentiment to drop rather than rise in September. It is easy to assume that low interest rates are helping builders be more confident, but some concerns were…
Two large homebuilding ETFs have significantly different approaches to their holdings. One focuses on builders while the other includes more suppliers and retailers.
24/7 Wall St. has come up with its own view on earnings season by sector, along with relative performance on the top exchange traded funds for those sectors.
The Commerce Department reported that construction spending was down in June. What was surprising was that the key exchange traded funds tracking homebuilders reacted favorably to the report.
ThinkstockFannie 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 muted. Above and…
Jon C. Ogg ThinkstockWhat 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 back to…
ThinkstockIt 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 hot and…
ThinkstockAfter 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 a seasonally…
ThinkstockThe 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 rose 13.8%…
ThinkstockThe 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 month. The…
ThinkstockThe 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 index rose…
courtesy U.S. Federal Reserve24/7 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,…
ThinkstockThe 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% year-over-year, just…
ThinkstockYou 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 reports, pending…
ThinkstockThe stock market may be challenging all-time highs again, but interest rates have skyrocketed and mortgage applications have hit a serious soft patch as a result. As interest rates rise, it drives…
