Homebuilder Confidence Collapses in February
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for February fell 10 points to 46 from a reading of 56 in January. The reading was far below a consensus…
ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index for February fell 10 points to 46 from a reading of 56 in January. The reading was far below a consensus…
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 National Association of Home Builders (NAHB)/Wells Fargo housing market index for December rose four points to 58 from a reading of 54 in November. The reading was higher than a forecast…
ThinkstockThe reverse merger announced Monday morning between the homebuilding group associated with Weyerhaeuser Co. (NYSE: WY) and homebuilder TRI Pointe Homes Inc. (NYSE: TPH) is causing some investors to take another look…
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…
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…
ThinkstockBefore markets opened on Wednesday, Lowe’s Companies Inc. (NYSE: LOW), the country’s second largest home improvement store chain, reported second-quarter diluted earnings per share of $0.88, up from $0.64 in the second…
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…
June 27, 2013: U.S. equity markets opened higher this morning after the reports on new U.S. jobless claims and personal income and a blizzard of data from Europe. Eurozone consumer confidence is still…
ThinkstockKB Home (NYSE: KBH) reported second-quarter 2013 results before markets opened this morning. The home builder reported a quarterly diluted earnings per share (EPS) loss of $0.04 on revenues of $524.4 million.…
June 26, 2013: U.S. equity markets opened higher this morning following the final reading on first quarter U.S. GDP growth, which came in lower than expected, but investors apparently believe that the…
U.S. equity markets opened slightly higher this morning an inline report from the U.S. Department of Labor on export and import prices. In Europe, eurozone industrial production rose 1%, above the expected…
Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell or…