Home construction tumbles, and a top analyst calls a correction

John Burns, CEO of John Burns Real Estate Consulting, points to higher mortgage rates, along with the surge in home prices over the last few years, as the culprit......»»

John Burns, CEO of John Burns Real Estate Consulting, points to higher mortgage rates, along with the surge in home prices over the last few years, as the culprit......»»

The iShares U.S. Home Construction ETF just had its worst month on record, but two traders see a recovery ahead for the group......»»

U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shares of home builder KB Home surged 4.8% in afternoon trade Monday, enough to pace the home construction sector's gainers, after an upbeat call by analyst Jack M.....»»

Wayfair Inc (NYSE: W) - Bank of America on Wednesday upgraded from Neutral To Buy and lifted price target from $90 to $95; Says the company has built "solid scale" in the home goods category. read more.....»»

The top analyst upgrades, downgrades and other research calls seen on Friday include Accenture, Ally, Diageo, Harley-Davidson, KB Home, NetApp, Nike, Sirius XM and Walgreens......»»

The top analyst calls seen on Tuesday included Advanced Micro Devices, Amazon.com, Ciena, DexCom, eBay, Home Depot, Lowe's, Micron Technology, NXP Semiconductors and Seagate Technology......»»

U.S. stocks tumbled again on Wednesday, confirming a correction for the Nasdaq and erasing the Dow and S&P 500's gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled worries about economic and profit growth......»»

The top analyst upgrades, downgrades and other research calls from Wednesday included Altice, Blue Apron, CubeSmart, Horizon Pharma, KB Home, Las Vegas Sands, Mylan and Switch......»»

Mike Dahl, RBC Capital Markets, discusses the state of the real estate market and the home renovations rebound......»»

Two Houston developers are behind the project, which would add a few hundred homes to a fast-growing suburb of Austin. At the end of this report, check out a list of volume homebuilders in the Austin metro......»»

A major shortage of constru.....»»

Bitcoin (CRYPTO: BTC) has seen its short-term holder realized price at $59,800, which could potentially lead to a significant correction in its price, according to a prominent crypto analyst. read more.....»»

While the US bears through a housing crunch, Florida and Texas have homes stagnating on the market after a pandemic-era construction boom. A housing development in Orlando, Florida.jodi jacobson/Getty Images Despite a US housing shortage, Florida .....»»

Meta will report quarterly earnings after the market closes on April 24. The stock's performance has been strong ahead of today's analyst call. .....»»

It's a new design from Craig Sharp Homes, with construction wrapping earlier this year......»»

Construction on a Milwaukee neighborhood with 40 tiny homes for veterans could begin as soon as spring 2025, but Veterans Community Project needs to raise at least $1 million before work can begin......»»