HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 05/29/19

Homebuilder Rankings Overview In our Real Estate Rankings series, we analyze each of the commercial and residential real estate sectors. We analyze homebuilders based on both common and unique valuation metrics, presenting investors with numerous options that fit their own investing styl...

By Michael S. Canter and Janaki Rao Credit risk-transfer securities (CRTs) have made the US mortgage market safer by shifting default risk from taxpayers to private investors. The latest attempt to overhaul the housing finance system isn't likely to change that. A recent memo from Presid...

I never recommend trading lumber futures because of the lack of liquidity in the lumber futures contracts on the Chicago Mercantile Exchange. However, lumber is a critical commodity when it comes to construction and building all over the world. The current level of open interest in the lumber ...

By Robert Hughes Sales of new single-family homes fell 6.9 percent in April to a seasonally adjusted annual rate of 673,000, down from a multiyear high of 723,000 in March. Sales had posted three monthly gains in a row after hitting a low of 564,000 in December (see top chart). Sales are u...

Continuing a trend of declining since late last year, the  30-year fixed-rate mortgage averaged 4.06% for the week ending May 23, 2019, down from 4.07% in the prior week and 4.66% at this time a year ago, according to Freddie Mac's Primary Mortgage Market Survey. More news on: UBS ET...

The graph here shows the point at which I said early last summer housing sales had turned over (for the worst) and would remain on a downtrend indefinitely, and it shows how that prediction has panned out. Existing home sales were down again nationally (4.4%) in April (fourteenth month in a ...

We've began tracking existing home sales over the last several months, using Zillow's seasonally adjusted price and sales volume data to estimate the total aggregate valuation of these sales at the regional and state level in order to get a sense of the relative health of the real estate...

By Robert Hughes Sales of existing homes fell 0.4 percent in April to a 5.19 million seasonally adjusted annual rate. Sales are down 4.4 percent from a year ago and 8.0 percent from the recent peak of 5.64 million in November 2017. Sales declined in two of the four regions tallied: sales f...

By Robert Hughes Housing activity improved in April as starts and permits posted gains. However, details varied widely among the segments and regions. Total housing starts rose to a 1.235 million annual rate from a 1.168 million pace in March. The dominant single-family segment, which acco...

Most economic news this week topped estimates with consumer sentiment in May not only exceeding the estimate but reaching a 15-year high. More news on: SPDR Homebuilders ETF, iShares U.S. Home Construction ETF, Invesco Dynamic Building & Construction Portfolio ETF, News on the U.S. eco...