XHB News and Press, SPDR Series Trust Homebuilders From 06/27/23

2023-06-27 01:30:00 ET Summary The effect of central bank monetary policy tightening has taken a noticeable toll on developed country housing markets. Falling prices weren't sufficient to boost sales transaction volume in all regions. The prices for residential housing are ult...

2023-06-26 13:05:00 ET Summary It appears we have started the third correction in stocks since the bottom in October of last year. Homebuilder stocks tend to lead the US housing market index by a few months, and this time was no exception. Currencies tend to move based on chan...

2023-06-26 09:32:06 ET Summary Builder confidence in single-family homes increased from 50 in May to 55 in June, marking the first positive sentiment since July 2022. US housing starts jumped from a 1.417 million seasonally-adjusted annual rate in April to 1.631 million in May, th...

2023-06-26 08:00:00 ET Summary Inflation remains stubbornly high, rate hikes are not over and the long, 40-year downtrend in interest rates is over. The Fed’s rate hikes have impacted housing more than any other sector of the economy, in expected ways and in some unexpected...

2023-06-25 09:00:00 ET Summary U.S. equity markets posted their worst week since March after central bank officials in the U.S. and globally warned that further monetary tightening is necessary to contain inflation. Snapping a five-week winning streak that had sent the benchmark t...

2023-06-22 17:14:00 ET Summary US existing home sales rose to 4.3 million in May from an upwardly revised April reading of 4.29 million. Sales are still 20.4% lower year-on-year with the median price down 3.1% YoY. The dearth of supply in existing home sales is unlikely to change ...

2023-06-22 12:12:15 ET Long-term mortgage rates continued to fall, but remained above the level a year ago, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.67% as of June 22, down from last week when they averaged 6.69% and higher than 5...

2023-06-22 08:56:00 ET Summary In the United States, 30-year mortgage rates play a big role in determining how affordable housing is for American households. As important as they are however, the historical data for mortgage rates is surprisingly lacking. Because housing sales...

2023-06-21 12:18:00 ET Summary We see the best opportunities in originating new loans and purchasing existing loans, adopting a broad approach to debt and targeting stressed assets in turbulent markets. In our view, investors should take advantage of opportunities in private credi...

2023-06-21 07:17:42 ET SPDR S&P Homebuilders ETF ( XHB ) - $0.1787 . 30-Day SEC Yield of 0.94% as of Jun. 15. Payable Jun 23; for shareholders of record Jun 21; ex-div Jun 20. For further details see: SPDR S&P Homebuilders ETF declares quarterly distribut...