|Bid||45.26 x 3000|
|Ask||45.59 x 2200|
|Day's Range||45.03 - 45.51|
|52 Week Range||30.56 - 45.52|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||38.93%|
|Beta (3Y Monthly)||1.24|
|Expense Ratio (net)||0.35%|
More investors are turning to gold as global tensions escalate further, causing more market uncertainty. Dave Nadig, Managing Director at ETF.com, joins Akiko Fujita on The Ticker to discuss some of the best ETFs to invest in to ride out 2019.
UBS is out with its annual real estate bubble index, ranking the cities most at risk for dangerous property values. Yahoo Finance's Zack Guzman, Brian Cheung, and Payne Capital Management Financial Advisor, Courtney Dominguez, discuss.
The latest S&P CoreLogic Case-Shiller index shows home prices are still rising, but those gains continue to slow down. Craig Lazzara, managing director and global head of Index Investment Strategy at S&P Dow Jones Indices joins Yahoo Finance to give a snapshot of today's housing industry.
Stocks in the sector tend to bottom in the fall and then rally through the end of April—the ‘golden six months,’ a Fundstrat analyst says.
A large jump in interest rates last year, combined with all-time high home prices has made finding a house for new home buyers particularly onerous. Roughly two years ago housing inventory hit a record low, but languishing home sales over the past year helped build back much-needed supply, especially in the mid-level range. Then this summer a precipitous drop in interest rates brought demand back and has eaten up that supply dramatically. According to realtor.com, national housing inventory fell 2.5% annually in September, a sharper drop than August’s 1.8% decrease.
The iShares U.S. Home Construction ETF (CBOE:ITB) is up a jaw-dropping 44.47% year-to-date, but even with that stellar performance, some traders believe ITB has more upside ahead of it and the catalysts are there to justify that assertion. “The ITB home construction ETF hit its highest level since January 2018 on Friday, and has soared more than 50% from its December bottom,” reports CNBC. Last year, rising interest rates and low affordability put a thorn in the side of homebuilders and the real estate sector in general.
Susquehanna analyst Jack Micenko lowered his rating to Neutral from Positive, while maintaining a $42 price target. He writes that the call is largely based on valuation.
Investors will turn their attention to two big earnings reports scheduled for Wednesday, homebuilder Lennar and retailer Bed Bath & Beyond
The SPDR S&P Homebuilders ETF (NYSEArca: XHB) is up nearly 34% year-to-date and with earnings season looming, homebuilder ETFs have a chance to extend their 2019 paces. XHB seeks to provide investment ...
Rising new home sales adds to the bank of positive data for the housing market. We highlight some homebuilders ETFs poised to gain from the situation.
While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 3.2% year-over-year increase in July, the same from June.
While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home. As a whole, mortgage holders saw their home equity increase by 4.8% annually at the end of the second quarter.
Stocks are flirting with record highs, and investors will be monitoring this week's consumer confidence data and Nike earnings.