XHB News and Press, SPDR Series Trust Homebuilders From 07/29/23

2023-07-29 05:12:00 ET Summary As economic conditions improve, multi-asset investors may see better equities opportunities, alongside compelling income generation. As inflationary pressures now abate, we see eventual improvement in both real incomes and profits, which should enhan...

2023-07-27 12:13:58 ET Mortgage rates increased, continuing to dampen activity in rate-sensitive sectors, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.81% as of July 27, up from 6.78% last week and 5.30% in the year-ago week. 15-y...

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...

2023-07-26 16:02:32 ET Summary Since its inception in 2015, Global X SuperDividend® REIT ETF has been successful in tracking its benchmark index. However, this successful tracking has not necessarily translated into investor satisfaction. I think there are better ways of ...

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...

2023-07-21 17:58:01 ET Summary I discuss financial planning strategies for 2023, focusing on optimizing cash in checking/savings accounts and tax management. I suggest investing in Certificates of Deposit, corporate bonds, and growth/dividend stock investments to make cash work mo...

2023-07-20 14:34:06 ET Mortgage rates fell as inflation slowed, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.78% during the week ending July 20, down from last week when they averaged 6.96% and up from 5.54% a year ago. 15-year ...

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 ...