CNBC’s Diana Olick joins ‘Closing Bell’ to discuss homebuilders and whether the stocks are getting closer to a bottom.
Source: www.cnbc.com
Oppenheimer initiates homebuilders Pulte, Toll as outperform
Housing Wire
Homebuilders slash prices to clear inventory as confidence sinks again in November
Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months. Builder confidence dropped six points to 34 in November, the fourth consecutive […]
Housing Wire
Homebuilders pulled back at the start of 2023
With economic uncertainty and supply chain issues plaguing the industry, homebuilders pulled back last month. Homes were started at an estimated annual pace of 1.309 million in January, down 4.5% month over month, according to […]
Housing Wire
Homebuilders are feeling pretty good right now
Homebuilder confidence is continuing to trend upward this spring, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. In May, home builder confidence in the market for […]