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SPDR(R) S&P(R) HOMEBUILDERS ETF News

$105.42
-0.350 (-0.331%)
At Close: May 08, 2024
2023 has been an amazing year for homebuilders with the SPDR Homebuilders ETF registering a 52.3% gain since we initiated our bullish view in November 2022. Although we are still bullish homebuilders,

New Home Sales Plummet in November 2023

09:40am, Thursday, 28'th Dec 2023
The November release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 590,000 units. New home sales were down 12.2% month-over-month from a revised rate of 672
Home prices may pick up speed after the Fed cuts rates next year, according to Fitch. The ratings agency see prices rising as much as 3% next year and up to 4% in 2025.

Homebuilder ETFs 2024 Prospects Appear Bright

12:46pm, Wednesday, 20'th Dec 2023
Recent mortgage rate reductions and signals from the Federal Reserve about upcoming rate cuts have reignited the housing market.
Falling mortgage rates and optimism over future reductions are helping boost optimism from homebuilders and mortgage brokers.
Economic indicators provide insight into the overall health and performance of an economy. They are closely watched and serve as essential tools for policymakers, advisors, investors, and businesses.

Falling Mortgage Rates Boost Housing ETFs

07:32pm, Thursday, 14'th Dec 2023
The increasing probability of the Fed adopting a dovish stance in 2024 has fueled the recent drop in mortgage rates. Capitalize on the estimated optimism in the housing market in the next year by tapp
Making its debut on 01/31/2006, smart beta exchange traded fund SPDR S&P Homebuilders ETF (XHB) provides investors broad exposure to the Industrials ETFs category of the market.
VettaFi's vice chairman Tom Lydon discussed the SPDR® S&P® Homebuilders ETF (XHB) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and
U.S. existing home sales plunged to their lowest level in over 13 years in October 2023, mainly due to climbing mortgage rates and a scarcity of available houses.
If you're interested in broad exposure to the Industrials - Engineering and Construction segment of the equity market, look no further than the SPDR S&P Homebuilders ETF (XHB), a passively managed exc
Few sectors have impressed as significantly as the homebuilder sector in recent weeks. The SPDR S&P Homebuilders ETF NYSE: XHB has risen over 16% over the last month.
Mortgage rates are near their highest levels in more than two decades and it once again further weighed on home builder confidence.
Confidence among builders in the U.S. housing market plunged to the lowest level since January 2023 as stubbornly high mortgage rates weighed on demand.
Chances of lower rates ahead and cheaper valuation should home building stocks and ETFs in the coming days.
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