|Bid||42.74 x 1000|
|Ask||43.36 x 800|
|Day's Range||42.98 - 43.48|
|52 Week Range||30.56 - 44.04|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.23|
|Expense Ratio (net)||0.35%|
Shiller shares his views after U.S. home construction surged to more than a 12-year high in August. Yahoo Finance's Zack Guzman & Sibile Marcellus, along with Payne Capital Management financial adviser Courtney Dominguez discuss with Sterling Professor of Economics at Yale University and author of the new book "Narrative Economics", Robert Shiller.
According to a recent report from Real Capitol Analytics, cross-border investors are turning into net sellers of U.S. commercial real estate in the second half of 2019. Yahoo Finance's Alexis Christoforous and Brian Sozzi talk to Marty Burger, CEO of Silverstein Properties, about the overall real estate market amid trade war uncertainty and the revitalization of Downtown Manhattan.
U.S. homeowners filled the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest levels since November 2016, according to the Mortgage Bankers Association. Yahoo Finance's Zack Guzman & Sibile Marcellus, along with retail expert Erin Sykes discuss.
The U.S. housing market has been on a tear this year primarily attributable to a decline in mortgage rates, slower home price growth and a slew of upbeat data.
The Fed slashed interest rates for the second time since the financial crisis by 25 bps to 1.75-2% in its policy meeting to sustain a decade-long economic expansion.
Permits to build new homes rose 8% to a seasonally-adjusted annual pace of 1.42 million, the fastest pace since 2007.
A confluence of lower mortgage rates and rising affordability could give homebuilder exchange-traded funds (ETFs) the necessary fuel to propel further gains. In particular, the SPDR S&P Homebuilders ETF ...
Last year, rising interest rates and low affordability put a thorn in the side of homebuilders and the real estate sector in general. This is lowering mortgage rates and enticing prospective buyers to reconsider a real estate purchase. “Unfortunately, much of the lower interest rate environment can be attributed to global economic uncertainties, which appear to have dampened consumer sentiment regarding the direction of the economy,” said Doug Duncan, chief economist at Fannie Mae.
The U.S. Treasury Department released its housing reform proposals to protect taxpayers from having to bail out Fannie Mae and Freddie Mac in another financial downturn like the 2008 financial crisis.
National home prices are beginning to taper off, but low mortgage rates could give the housing sector a boost, which could shore up homebuilder exchange-traded funds (ETFs). Home prices were higher in ...
The housing market has showed recent signs of weakness, but Goldman Sachs sees lower interest rates providing stimulus later in the year.
Even with the slump in mortgage rates over the past year, there are still a few broader headwinds facing the housing market, particularly homebuilders. That's according to Goldman Sachs, which is out with its 2019 housing outlook.
This article was originally published on ETFTrends.com. Homebuilder exchange-traded funds (ETFs) could be on the verge of a breakout. As such, ETFs to watch moving forward include the the iShares US Home Construction ETF (ITB) and SPDR S&P Homebuilders ETF (XHB) . From a technical perspective, things are also looking on the up and up.
Sales of previously owned US homes rose in July, possibly indicating that lower mortgage rates are finally stimulating sales after a sluggish spring selling season.
IBD's homebuilders industry group is in the top 10, making SPDR S&P; Homebuilders an interesting choice for investors seeking exposure to the housing market.