XHB News and Press, SPDR Series Trust Homebuilders From 04/24/24

2024-04-24 14:30:00 ET Summary Volatility in lumber prices has come off record highs the market experienced during the coronavirus pandemic, but questions around supply and demand still remain. Given that consumer demand has started to see some modest growth while supply remained ...

2024-04-24 12:10:00 ET Summary Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year. In Canada, where fixed mortgage rates are back above 5%, March home sales and prices were mostly unchanged month-over-month. Oxford ...

2024-04-23 07:48:08 ET Summary The SPDR S&P Homebuilders ETF has fallen some 10% in April, but is still up substantially from its recent lows in late October. High mortgage rates and historically poor home affordability are two of the biggest headwinds facing the industry and ...

2024-04-21 09:00:00 ET Summary U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and ins...

2024-04-21 06:45:40 ET Summary United Homes Group stock price continues to drop in 2024, in contrast with the broader housing market, on limited growth and high market multiples. Recovery in revenues is visible for Q4 2023 as both home closings and new orders are up. This can cont...

2024-04-19 10:45:00 ET Summary Actual sales, not seasonally adjusted, rose to 324,000 homes in March, according to data from the National Association of Realtors. The seasonally adjusted annual rate of sales fell by 4.3% in March from February, to an annual rate of 4.19 million sa...

2024-04-19 09:00:00 ET Summary Real estate earnings season kicks off this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. One step forward, one back. Pressured by the rebound in interest rates, R...

2024-04-18 12:12:56 ET More related to mortgage rates: Wall Street Lunch: Bond Bulls In Hibernation Dollar Consolidates But Adjustment Is Not Over Wall Street Lunch: So Long Summer Of Rate Cuts The end easy-money investing is here - BMO Wedbush says t...

2024-04-16 10:30:00 ET Summary The rise in rates last week pushed the 10-year to its highest level since the peak at 5% in October of last year. Gold has been setting new highs, trading above $2400 at one point on Friday before succumbing to some profit taking. Year-to-date, t...

2024-04-12 10:22:33 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Homebuilder stocks serve as the pulse for the housing market’s vigor, often reflecting expectations around housing market strength. A rise in these stocks usually signals an anticipated ...