Ishares U.s. Home Construction Etf ETF News

Homebuilder stocks are showing up as top picks on popular value screens, with huge projected earnings growth and rock-bottom valuations.

The consumer price index jumped 7.5% year over year in January, marking the largest 12-month gain since February 1982.

The consumer price index jumped 7.5% year over year in January, marking the largest 12-month gain since February 1982.

As rising rates cool off the hot housing market, REITs could benefit from rising inflation.

PulteGroup Inc. reported Tuesday fourth-quarter profit and revenue that rose above expectations, as a slight decline in net new orders was offset by a big jump in order values. The home builder''s stock was still inactive in the premarket. Net income rose to $663.3 million, or $2.61 a share, from $438.1 million, or $1.62 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to $2.51, beating the FactSet consensus of $2.30. Revenue grew 36.5% to $4.36 billion, above the FactSet consensus of $4.21 billion. Net new orders fell 4% to 6,769 homes, amid a 7% drop in average community count, while the value of new new orders jumped 16% to $3.8 billion. Home sale gross margin improved 180 basis points to 26.8%, closing increased 26% to 8,611 homes and the average home sales price rose 10% to $490,000. "Given the country''s resilient economy, outstanding job market, rising wages and an ongoing desire for home ownership, we anticipate the strong buyer demand we realized in 2021 to continue in the year ahead," said Chief Executive Ryan Marshall.

The iShares US Home Construction ETF (ITB) slid nearly 10% in January, but Smead Capital Management's CIO says real estate continues to be a hedge against inflation.   Smead's comments on CNBC's ‘T

The U.S. housing sector scenario seems to improve with strength in housing demand while persistent supply-chain constraints remain.

The U.S. housing sector scenario seems to improve with strength in housing demand while persistent supply-chain constraints remain.

Today in the U.S. we are in the fourth superbubble of the last hundred years.

The U.S. housing sector scenario seems tough amid strength in housing demand as persistent supply-chain constraints and high inflation levels prevail.

The U.S. housing sector scenario seems tough amid strength in housing demand as persistent supply-chain constraints and high inflation levels prevail.

Housing Starts & Building Permits far outperformed expectations and leaped to highs not seen since March of 2020.

Housing Starts & Building Permits far outperformed expectations and leaped to highs not seen since March of 2020.

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