homebuilders

Homebuilder ETFs posted modest gains Wednesday after a slight uptick in housing starts, but the rally may prove short-lived. During Wednesday afternoon trading, both the iShares U.S. Home Construction ETF (BATS:ITB) and the SPDR S&P Homebuilders ETF (NYSE:XHB) gained over 1%. Markets are...

If you're watching the housing market closely, here's something to pay attention to: Builders are sitting on more unsold homes than we've seen since the Great Recession. And that's leading to something pretty rare in real estate — real deals. Thanks to years of aggressive building during the post-...

Shares of KB Home (NYSE:KBH) were rising in early trading on Wednesday, after tanking in the previous session on the company's downbeat fiscal first-quarter revenues. The company is witnessing a softer start to the Spring selling season than in the past few years, according to JPMorgan. The KB Home...

The U.S. housing market saw a notable rebound in February, with single-family homebuilding jumping 11.4% to a seasonally adjusted annual rate of 1.108 million units, according to Reuters. This is welcome news for investors after a sluggish January, but does it mean homebuilding ETFs are poised for...

A flurry of new data is in and the housing market is flashing mixed signals from builders, buyers and analysts. Here’s what you need to know. The Data: The Census Bureau and the Department of Housing and Urban Development December housing data released Friday was mixed with housing starts...

Lennar Corp (NYSE:LEN) shares are sinking in Wednesday’s after-hours session after the company reported worse-than-expected financial results for the fourth quarter. Here’s a look at the key metrics from the quarter. Q4 Revenue: $9.95 billion, versus estimates of $10.08 billion Q4...

Shares of Toll Brothers Inc (NYSE:TOL) fell in early trading on Tuesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Toll Brothers Analyst Susan Maklari...

Former President Donald Trump previously spent four years in the White House, which could help investors know which stocks and sectors could benefit under a second term if he wins the 2024 presidential election. Here's a look back at the top performing stocks in 2017, Trump's first year in the...

Hurricane Milton has left a significant mark on the Florida housing market, with cities such as Orlando, Tampa, Lakeland, Sarasota and Daytona Beach facing the brunt of the storm. As recovery efforts begin, analysts expect the state’s homebuilding sector to absorb an estimated $1.7 billion...

Homebuilder and building product stocks could see an upward trend if the Federal Reserve cuts the key interest rate on Wednesday, based on historical performance, according to a major U.S. bank. The Fed is expected to lower rates by either 25 or 50 basis points, marking the first change since July...

Homebuilder stocks are on the rise as the Federal Reserve is expected to cut rates later this week, mortgage rates are on the decline and Democratic presidential candidate, Vice President Kamala Harris, proposes a homeownership plan that involves building three million new homes. The Fed is...

Toll Brothers Inc (NYSE:TOL) reported third-quarter financial results that topped analyst expectations after the market close on Tuesday. Here’s a look at how the homebuilder fared during quarter. Q3 Earnings: Toll Brothers reported third-quarter revenue of $2.73 billion, beating the ...

Homebuilder stocks surged to record highs on Friday, driven by a positive inflation report that cemented expectations for interest rate cuts in September. The Personal Consumption Expenditure (PCE) price index — commonly referred to as the Fed’s favorite inflation measure — fell from 2.6%...

As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn...

Homebuilder stocks face sharp declines as the SPDR Homebuilders ETF (NYSE:XHB) drops 1.8% in Tuesday’s session, hitting its lowest level since Feb. 26, 2024, amid negative economic data. From the start of the month, this performance gauge has fallen approximately 10%, marking the first...