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
New home sales rebound but homebuilders aren’t smiling
After a sharp decline in July, new home sales rebounded in August, according to data released Tuesday by the U.S. Department of Housing and Urban Development (HUD)and the U.S. Census Bureau. Sales of new single-family homes in August […]
Housing Wire
May housing starts swell as builders respond to strong demand
Homebuilders are responding to an increase in new home sales and an extremely low level of existing home inventory by getting a jump start on new projects. Privately-owned housing starts in May 2023 checked in […]
Housing Wire
Are higher rates finally impacting homebuilders?
Have homebuilders reached their limit on how much they can lower mortgage rates to boost demand? Today we got the housing starts data, which was a beat of estimates, but total housing activity isn’t booming […]