(Photo by Justin Sullivan/Getty Images) Getty Images All five homebuilder stocks I follow: DR Horton (DHI), KB Home KBH , Lennar LEN , Pultegroup (PHM) and Toll Brothers TOL traded to their 2023 highs...
Tag: Homebuilder
Does Better Than Expected Homebuilder Sentiment Mean The Real Estate Market Could Be Turning?
Could the market be (slowly) turning? Getty Key Takeaways February’s housing report marks the first month-over-month increase in homebuilder sentiment since late 2021 After hitting a high of 7.37% in ...
Homebuilder sentiment in February sees biggest gain in decade
America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family home...
Homebuilder Confidence Bump – The Spark That Could Ignite The Next Growth Cycle
Smiles return to homebuilders getty The homebuilder positives, particularly the mortgage rate dip and the new home sales and potential buyer traffic bump, might look too small to produce optimism. Aft...
Homebuilder Sentiment Is Looking Up At Last — Here’s Why The Real Estate Market Is Getting More Optimistic
Getty Images Key takeaways Homebuilder sentiment is on the rise for the first time in over a year as mortgage interest rates noticeably dropped in early 2023. Mortgage interest rates are somewhat tied...
Homebuilder sentiment in January rises for the first time in a year
Homes under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, indicating a jump in mortgage...
Jim Cramer recommends owning homebuilder stocks: here’s why
“DJSHMB” – the Dow Jones U.S. Select Home Construction Index is already up more than 30% versus its June low. Still, Jim Cramer says the homebuilder stocks are not out of juice just yet. Technicals su...
Charts are ‘screaming’ that it’s not too late to buy homebuilder stocks, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that investors still have a chance to buy homebuilder stocks before a possible run-up. “The charts, as interpreted by Dan Fitzpatrick, suggest that weR...
Housing Market Trends: Homebuilder Sentiment Falls For 12 Months Straight
| Getty Images Key Takeaways Data released by the National Association of Home Builders shows that homebuilder sentiment fell to levels not seen since 2012 (ignoring a brief blip in 2020). Demand for ...
Homebuilder sentiment falls again, but bottom may be near
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to se...
Housing Recovery Forecast For 2024 As Homebuilder Sentiment Falls Again
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Confidence from homebuilders has now fallen every month for a year, hitting levels not seen since 2012, according to the National Ass...
Stephanie Link just bought a homebuilder stock
D R Horton Inc (NYSE: DHI) remains a “buy” even though its shares have already gained nearly 50% since mid-June, says Stephanie Link. She’s the Chief Investment Strategist at Hightower. Link’s bull ca...
A homebuilder stock that could more than double from here
Homebuilder stocks went out of favour this year as the Fed moved to aggressively lift rates. But now that much of it is in the rearview mirror, it’s a suitable time to go shopping in this space, says ...
What to expect from homebuilder stocks in 2023?
“ITB” – the iShares U.S. Home Construction ETF has recovered about 20% since late October but the coming year is unlikely to be an exciting one for homebuilders, says Kenneth Leon of CFRA Research. He...
Homebuilder Sentiment Drops Along With Housing Prices
| Getty Images Key Takeaways Home builder sentiment, measured by the National Association of Home Builders, fell in October. The report indicates that home builder sentiment has fallen for 10 consecut...
Homebuilder sentiment drops to a decade low
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Imag...
Homebuilder sentiment drops to half of what it was six months ago
A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images Homebuilder sentiment in the single-family home market has fallen to half ...
Robert Toll, Who Headed Luxury Homebuilder Toll Brothers, Dies at 81
Robert Toll, who built Toll Brothers into the country’s largest luxury homebuilder and brought a founder’s passion to the business, died Friday at age 81 after suffering from Parkinson’s disease The e...
Ken Zenner finally turns bullish on homebuilder stocks
“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 no...
No love for homebuilder stocks at the Bank of America
Homebuilder stocks are down about 25% for the year but a Bank of America analyst says the macro environment warrants not buying the dip. BofA downgrades three homebuilder stocks On Thursday, Rafe Jadr...
Is it safe to step back into the homebuilder stocks now?
New home sales have reached a bottom, which makes now a perfect time to go shopping in the construction space, says John Lovallo. He’s a Senior Equity Research Analyst at UBS. Highlights from Lovallo’...
Homebuilder sentiment takes historic plunge in July
A contractor works on a new home under construction in Tucson, Arizona, U.S., on Tuesday, Feb. 22, 2022. Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, in...
CFRA’s Leon: stay away from the homebuilder stocks
“XHB” down roughly 35% for the year might be attractive for many, but CFRA’s Kenneth Leon continues to suggest keeping away from the homebuilder stocks. Macro landscape is against ho...
Homebuilder sentiment drops to lowest level in 2 years as housing demand slows
A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private residential construction in the U.S. rose 2.7% in November. George Frey | Bloomberg | Getty Ima...
Firms to watch with housing shortage set to benefit homebuilder stocks
Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuation...
Homebuilder sentiment falls to 2-year low on declining demand, rising costs
Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Imag...
Homebuilder sentiment drops for fourth straight month
A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California. David Paul Morris | Bloomberg | Getty Images Sharply risin...
Bill Smead likes homebuilder stocks despite fears of recession
The SPDR S&P Homebuilders ETF is absolutely taking the brunt of the current macroeconomic environment, now down nearly 30% for the year. Still, Bill Smead has a positive outlook on the homebuilder...
KeyBanc just raised the alarm on homebuilder stocks
Shares of Lennar Corporation (NYSE: LEN) have come down roughly 10% this month, and KeyBanc Capital Markets says the road is likely to remain bumpy in the coming months as well. Zener sees a 15% downs...
Evercore ISI sees significant upside in homebuilder stocks
The SPDR S&P Homebuilders ETF had a dovish start to the year, but Evercore ISI’s Stephen Kim is confident 2022 will be a good year for the homebuilder space. Kim’s outlook on the construction spac...