Home Sales

The Past Week, In A Nutshell What Happened: In an extension of the sharp rotation out of safety on a sustained economic rebound after the COVID-19 coronavirus pandemic, stretched sentiment propelled stocks to record closing highs. Remember This: “We are starting to see some extreme measures...

KB Home (NYSE: KBH) is subject to ongoing investor debate on the merits of buying or avoiding the stock. The company reported fiscal third-quarter results that prompted one Street analyst to turn incrementally bullish while another remains convinced investors should stick to the sidelines. The...

EUR/USD Current Price: 1.1092 US Durable Goods Order surprisingly fell in November by 2.0%. European macroeconomic calendar to remain empty until next Friday. EUR/USD holding above the critical support at 1.1065, but bounces limited. The EUR/USD pair peaked at 1.1095 this Monday, up with Wall...

What a difference a year makes. At this time last year, markets were melting down, and of course a year later we’re cruising to new all-time highs. This week could see a low volume, thinly traded market because of the holidays, so what does that mean for investors? First, there may not be a...

Homes are being bought, but are they being built? At 10:00am ET, New Home Sales will fill in the housing market picture outlined by Existing Home Sales on Tuesday. In an industry that has shown strength in recent months, September’s sales of already-constructed houses came in below estimates...

Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. Despite the new Homes segment helping drive revenue growth, it also was pushing Zillow...

By most accounts, homebuilders didn’t exactly get much hammer time in Q1. The weather—always a dubious affair for outside framing and brick-laying at any time—wasn’t just unseasonably chilly this winter, it was downright nasty. The polar vortex hit and then created a ripple...

Pending home sales rebounded in January from the previous month, with lower interest rates getting credit for the comeback, but sales still weren't as robust as they were a year ago. What To Know The National Association of Realtors reported Wednesday pending sales increased 4.6 percent to 103....

Traders and investors returned to the U.S. equities market after a three-day holiday weekend in a cautious mood ahead of another round of trade talks between the world’s two largest economies. This set of negotiations, in Washington this week, comes after a round of talks last week in Beijing...

Homebuilder PulteGroup, Inc. (NYSE: PHM) reported first-quarter results Tuesday that prompted Buckingham to turn bullish on the stock. The Analyst The Buckingham Research Group's Mark Weintraub upgraded PulteGroup's stock rating from Neutral to Buy with a price target lifted from $38...

Homebuilding stocks were mostly higher Tuesday after Wedbush turned incrementally bullish on three names, despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ: BECN), Beazer Homes USA, Inc. (NYSE: BZH) and LGI Homes Inc (NASDAQ: LGIH). The Analyst Wedbush's Jay...

New home sales for the month of September soared to the highest level in a decade. Throughout the month of September, sales of new U.S. single-family homes rose 18.9 percent to a seasonally adjusted annual rate of 667,00 units. By comparison, analysts and experts were expecting the SAAR rate to...

Existing home sales in the U.S. rose in June and received a strong boost from first-time buyers. According to the National Association of Realtors, existing home sales rose 1.1 percent in June to a seasonally adjusted annual rate of 5.57 million. Sales are now higher by 3 percent compared to...