Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.
“XHB” – the SPDR S&P Homebuilders ETF ended about 5.0% up on Wednesday even though the National Association of Realtors said pending home sales in the U.S. were down 2.0% last month. KeyBanc is

Here's Why Investors Should Steer Clear of MDC Stock Now

06:34pm, Wednesday, 28'th Sep 2022 Zacks Investment Research
Rising mortgage rates and affordability issues are potent headwinds for MDC.
Rising mortgage rates and affordability issues are potent headwinds for MDC.

New Home Sales Soar, Price Falls: Is Housing Mayhem Over?

12:07pm, Wednesday, 28'th Sep 2022 Zacks Investment Research
New homes sales surprisingly rise in August and home prices fall. However, rising rates pose concerns for stocks like KBH, LEN, DHI and TOL.
Shares of companies in the real estate services and home building space traded mostly higher Tuesday, but backed way off their intraday highs, as another surge in Treasury yields to a more-than decade
Ken Zener, homebuilder analyst at KeyBanc, joins 'Squawk on the Street' to discuss whether it's a good time to invest in homebuilder stocks and more.
New homes sales surprisingly rise in August and home prices fall. However, rising rates pose concerns for stocks like KBH, LEN, DHI and TOL.
Demand destruction started to creep up after the Federal Reserve (Fed) aggressively raised interest rates.

U.S. new home sales surge 28.8% in August

02:58pm, Tuesday, 27'th Sep 2022 MarketWatch
U.S. new home sales surge 28.8% in August, reversing a sharp decline in July, the Commerce Department reported Tuesday.
Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade high took the early sh

Is Lennar (LEN) a Suitable Value Investor Stock Now?

01:20pm, Tuesday, 27'th Sep 2022 Zacks Investment Research
Let's see if Lennar (LEN) stock is a good choice for value-oriented investors right now from multiple angles.
Let's see if Lennar (LEN) stock is a good choice for value-oriented investors right now from multiple angles.

What Should Investors Do with KB Home as the Stock Slides After Earnings?

07:46pm, Monday, 26'th Sep 2022 Zacks Investment Research
Despite the third quarter earnings beat, the company's lower guidance is cause for concern with the housing market suffering as interest rates rise.
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