PKB News and Press, Invesco Dynamic Building & Construction From 07/27/23

2023-07-27 09:30:00 ET Summary June 2023 saw continued upward momentum for new home sales in the United States. We find the rising trend for the market capitalization of the U.S. new home market is continuing. Rising mortgage rates plus rising new home sale prices is a recipe ...

2023-07-27 02:35:00 ET Summary Builders have to build and sell homes, no matter what the market conditions. More price cuts may be needed to get this moving. The median price of new single-family houses sold in June dipped to $415,400, down by 16% from the peak in October 2022, an...

2023-07-25 03:29:00 ET Summary Economic resilience has continued through the first half of 2023, primarily driven by strong household balance sheets, strong wage growth. The leading indicators of coincident and lagging economic data suggest we should see hard data points like indu...

2023-07-25 01:30:00 ET Summary Why the stock market gains we're seeing may not be telling the whole story. Investors may have been too focused on market capitalization in the first half. Finding opportunities in the healthcare sector. The strong market performance ...

2023-07-22 00:52:00 ET Summary The industrial sector could be poised for a lift as mega spending projects kick in. Why capital investment in infrastructure has been lagging. Why industrial stocks may be poised for a lift. Concerns about an economic slowdown have we...

2023-07-20 00:30:00 ET Summary After a blockbuster report for May where Housing Starts and Building Permits both surged, there was a bit of a reality check in June. While Building Permits were expected to come in at 1.50 million, the actual reading came in at 1.44 million represen...

2023-07-19 12:20:30 ET Summary A rigorous regression analysis identified private residential construction investments and home price growth as the key drivers of the US Homebuilding subindustry. The top 10 Homebuilding companies in the US, however, were found to be driven more by ...

2023-07-19 02:23:00 ET Summary Housing activity has been somewhat muted given a dearth of inventories, but the lack of available existing supply has been positive for homebuilders. Although homebuilder sentiment has been rebounding solidly, it pales in comparison to the strength o...

2023-07-16 05:30:00 ET Summary Obviously, AI has supercharged the indexes, for the S&P 500 and the NASDAQ. Small businesses tend to feel the impact of monetary tightening with a lag compared to larger companies. The Fed, although they haven’t come out and said it, t...

2023-07-11 14:57:00 ET Summary Rising rates show resilience in the economy, which is benefiting real estate. Office real estate still facing challenges. Retail and industrial are bright spots. With central banks expected to hike rates further, how are the var...