Falling mortgage rates could benefit the home builder stocks

home sales increase
From Daren Fonda: The outlook for home sales seems to be improving with mortgage rates down sharply from last fall. That is prompting some analysts to upgrade the stocks of home builders and lift their price targets.
NYSE:XHB April 10, 2019 3:10pm

Lower mortgage rates cause resurgence in housing sentiment

reit investments
From Diana Olick:
NYSE:XHB April 8, 2019 10:59pm

Weekly mortgage refinancing applications skyrocket 39% after rates fall

home sales increase
From Diana Olick: The biggest one-week rate drop in a decade unleashed a run on refinances last week, although it did not especially spur spring buyers.
NYSE:XHB April 3, 2019 12:54pm

CoreLogic predicts that home prices could rise 5% by 2020

reit investments
From Diana Olick:
NYSE:XHB April 2, 2019 12:46pm

Are economists worried about the U.S. housing market?

From Dion Rabouin:
NYSE:XHB March 29, 2019 1:04pm

New home sales in the U.S. hit an 11-month high

Despite lower mortgage rates, pending home sales dropped in February

reit investments
From Diana Olick:
NYSE:XHB March 28, 2019 11:29am

Homebuilding sector rises after Lennar and KB Home report earnings

From Daren Fonda: Wednesday, despite reporting a mixed bag of first-quarter earnings.
NYSE:XHB March 27, 2019 3:39pm

Homebuilders ETF drops despite the bullish ‘golden cross’ pattern set to appear

ETF investing
From Tomi Kilgore: The SPDR S&P Homebuilders ETF XHB, +0.08% fell 0.5% in afternoon trade Tuesday, in the wake of disappointing housing data, ironically on the same day that a bullish "golden cross" chart pattern is set to appear. Of the ETF's 35 equity components, 25 were trading lower. Earlier, data showed that February housing starts dropped a more-than-expected 9% and home price growth slowed in January, to the slowest pace in 6 1/2 years. Meanwhile, a "golden cross" is when the 50-day moving average, a short-term trend guide, crosses above the 200-day moving average (DMA), a longer-term trend tracker. Many chart watchers believe the crosses mark the spot a short-term rally transforms into a longer-term uptrend. The homebuilders ETF's (XHB) 50-DMA currently extended to $37.377 while 200-DMA was at $37.370, according to FactSet. That would mark the first time the XHB's 50-DMA was above the 200-DMA since April 20, 2018, and be the first "golden cross" since Jan. 23, 2017. Among the XHB's more active components Tuesday, shares of D.R. Horton Inc. DHI, -0.88% shed 2.0%, Lennar Corp. LEN, +0.32% gave up 0.7%, Lowe's Companies Inc. LOW, -0.07% slipped 0.1%, Home Depot Inc. HD, -0.18% declined 0.2% and PulteGroup Inc.PHM, +0.62% lost 0.1%.
NYSE:XHB March 26, 2019 4:49pm

Home price gains 3.6% higher compared to a year ago, but slow to a 6.5-year low

reit investments
From Andrea Riquier: The numbers: The S&P CoreLogic Case-Shiller 20-city index rose a seasonally adjusted 0.1% increase in January compared to December. Price gains were 3.6% higher compared to a year ago, but that was the slowest pace of annual growth since 2012.

The housing industry is at risk to face a perfect storm

home buyers
From Bernard Baumohl: There is no better barometer on the health of the U.S. economy than housing. It's an industry that encompasses a myriad of vital sectors -- banking, manufacturing, commodities, international trade, transportation and, of course, consumer spending. So it's not surprising the Federal Reserve closely monitors housing trends in the course of setting monetary policy.
NYSE:XHB March 25, 2019 12:20pm

Existing-home sales soar in February, hit 11-month high

reit investments
From Andrea Riquier: The numbers: Existing-home sales ran at a 5.51 million seasonally-adjusted annual rate in February, the National Association of Realtors said Friday. That was an increase of 11.8% for the month.
NYSE:XHB March 22, 2019 12:52pm

Mortgage rates slide to a 13-month low

home buyers
From Andrea Riquier: Rates for home loans fell, with no bottom in sight as investors increasingly brace for slowing economic growth.
NYSE:XHB March 21, 2019 6:19pm

Now could be a great time to buy the home-builder sector

reit investments
From Philip Van Doorn: What a difference a few months can make.
NYSE:XHB March 18, 2019 12:05pm

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