|Bid||45.60 x 3200|
|Ask||45.84 x 900|
|Day's Range||45.26 - 46.06|
|52 Week Range||23.95 - 49.35|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.61%|
|Beta (5Y Monthly)||1.60|
|Expense Ratio (net)||0.35%|
Job losses from the COVID-19 crisis risk exacerbating the housing inequality faced by black communities, as millions of Americans face missed rent payments and the increasing threat of eviction.
The Federal Reserve is promising it has more firepower to use if a second wave of coronavirus infections hit the U.S., as more states unfurl plans to reopen after roughly two months of lockdowns.
Exchange-traded funds with exposure to homebuilders and housing market companies roared higher Tuesday after a surprise gain in sales of newly-constructed homes confirmed sturdy demand even in the face of the coronavirus-induced shutdown. The SPDR S&P Homebuilders ETF was 4% higher at midday, while the iShares U.S. Home Construction ETF jumped 3.6%. The portfolios of both funds are heavy with consumer discretionary stocks like Home Depot Inc. \- it's XHB's biggest holding - in addition to builders like Lennar Corp. . The Hoya Capital Housing ETF , a fund designed to more broadly reflect the residential real estate industry with exposure to REITs like American Homes 4 Rent and brokerages like Redfin Corp. , was 3.9% higher.
Tim Rood, Former Fannie Mae Executive and SitusAMC Managing Director, joins Yahoo Finance’s Seana Smith to break down April existing home sales data.
Moving Is now Legal in England Real estate bounce in London? Maybe, maybe not. At least now it’s legal to buy, sell, and move houses again in at least some parts of the United Kingdom. That at least is a prerequisite for a market to function on a basic level. However, all this must take […]The post Market Morning: London Legalizes Moving, Congress and Fed Want More Spending, European Banks Fall appeared first on Market Exclusive.
The PulteGroup said Monday that weekly home orders have almost tripled since the end of March — but it wasn’t enough to save jobs.
Zillow forecasts that home sales may fall as much as 60% through the end of this year, before rebounding by the end of 2021. Zillow Senior Principal Economist Skylar Olsen joins Seana Smith to discuss.
Weekly jobless claims climbed another 3.84 million on the heels of worse-than-anticipated first-quarter GDP data. Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Seana Smith discuss.
Some traders expect share prices of home improvement companies to rise, but these charts suggest that bulls should proceed with caution.
In a new paper from the National Bureau of Economic Research, economists note that the job losses are far higher than the official figures represent and that many people who are jobless aren’t looking for new jobs, due to early retirement. Yahoo Finance’s Sibile Marcellus joins Seana Smith to discuss.
Harvard Business School Professor Robin Greenwood joins Yahoo Finance’s Seana Smith to discuss his policy proposal with an MIT Sloan professor to help the economy recover after the coronavirus pandemic.
Charles Schwab Chief Global Strategist Jeffrey Kleintop joins Yahoo Finance’s Seana Smith to discuss how the coronavirus may impact earnings season, as big banks gear up to report results Tuesday.
Former Fannie Mae Executive and SitusAMC Managing Director Tim Rood joins Yahoo Finance’s Seana Smith to discuss how homeowners should use mortgage relief measures amid the coronavirus outbreak.
Initial jobless claims data and Darden Restaurants earnings will provide a glimpse into the carnage left behind by the coronavirus crisis.
The coronavirus is weighing on the housing market, as fear of the virus is keeping people indoors. According to a recent survey by the National Association of Realtors, 1 in 9 real estate agents say buyer traffic has slowed due to the outbreak. Yahoo Finance’s Dhara Singh joins Seana Smith on The Ticker to discuss.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 3.8% annual gain in December, up from 3.5% a month earlier and the fifth month of home price growth acceleration.
The SPDR S&P Homebuilders ETF (XHB) took some lumps last week, but homebuilders assets could still be worth considering as this year unfolds. XHB seeks to provide investment results that correspond generally to the total return performance of an index derived from the homebuilding segment of a U.S. total market composite index, and in order to track the performance of the S&P Homebuilders Select Industry Index, the fund employs a sampling strategy. Lower mortgage rates could continue to give the housing market a much-needed boost, which could translate to more strength for homebuilders.
At a time when the rapidly-spreading coronavirus is rattling the global financial markets, we discuss whether investors should consider buying the homebuilder ETFs.
Changes are coming to FICO scores -- and that could help keep riskier borrowers out of the housing market, said Doug Duncan, chief economist at Fannie Mae.
Homebuilder confidence got a boost in light of last week’s data, which showed that construction starts in the U.S. grew to a 13-year high with 1.61 million starts in December, according to data from the Commerce Department. According to some analysts, the milder-than-expected winter could be a reason for December’s rise in housing starts.
The U.S. homebuilding industry continued its strong momentum heading into the New Year given that groundbreakings on new U.S. homes surged to a 13-year high in December.