The rise of interest rates brought an increase in mortgage rates, progressively weakening the US housing sector. Google trends showed that consumers are worried about a real estate market crash in the...
Tag: Zenner
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...