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Is The Housing Slowdown A Correction Or A Crisis?
The U.S. housing market is slowing down. As FreightWaves reported in the August economic roundup, housing data fell short of expectations from both supply and demand sides, as tight inventory and rising mortgage rates contributed. read more.....»»
Home Depot profit soars, beating Wall Street forecast and offering hope amid sluggish housing market
Home Depot on Tuesday reported second-quarter profit and sales that beat Wall Street expectations, a bounce back from a slow spring and a signal of strength in the home improvement market. &.....»»
Existing Home Sales Tumble As Home-Buying Sentiment Hits Lehman Lows
After June's dismal US housing data, hope was high for a rebound in July but it was crushed as existing home sales tumbled 0.7% MoM (against expectations of a 0.4% jump). This is the l.....»»
The housing recovery isn"t over, it just feels like it is
July sales reports for both new and existing homes fell short of expectations and have been weakening for several months. Some are raising red flags that the nation's housing market is in trouble, but it isn't......»»
Homebuilder ETFs in Focus as Starts Jump, Permits Fall
Housing starts data for August came in above expectations and saw the biggest increase in seven months. The struggling homebuilding industry heaved a sig.....»»
Vancouver Housing Starts Flash Red As Chart Rolls Over
Canadian housing construction starts slowed in August, coming in at a seasonally adjusted annual rate of 200,986 vs. 205,751 in July -Â missing expectations o.....»»
September Housing Starts Well Below Expectations
U.S. housing starts declined month over month in September but remain nearly 4% higher than a year ago. New permits issued remain roughly flat with year-ago totals......»»
Are These Cities’ Housing Booms At Risk Of Collapse?
The American housing bubble that wreaked havoc on the global economy was a long time in the making. Largely the product of exploitative lending practices that put people in homes they could not........»»
Are These Cities’ Housing Booms At Risk Of Collapse?
The American housing bubble that wreaked havoc on the global economy was a long time in the making. Largely the product of exploitative lending practices that put people in homes they could not afford, the housing market........»»
Are these cities" housing booms at risk of collapse?
The American housing bubble that wreaked havoc on the global economy was a long time in the making. Largely the product of exploitative lending practices that put people in homes they could not afford, the housing market........»»
Homeowners are spending, Home Depot is winning
Home Depot is breezing past all expectations for the third quarter, including comparable-store sales, with consumers plowing money into homes even as the housing market appears to cool off......»»
October Housing Starts Rise, But Still Short of Expectations
New housing starts in October rose month over month by 18,000. Including an upward revision of 9,000 units to September's total, October was a pretty good month......»»
U.S. business spending slowing; housing market weak
New orders for key U.S.-made capital goods were unexpectedly unchanged in October and shipments rebounded modestly, which could temper expectations of an acceleration in business spending on equipment early in the fourth quarter......»»
Pending home sales fall 2.6% in October as more buyers are priced out
Expectations for a stronger housing market in October fell short. Pending homes sales, a measure of signed contracts to buy existing homes, fell 2.6 percent compared with September, according to the National Association of Realtors. .....»»
Australia"s Q3 2018 GDP won"t be as strong as 1H: Moody"s
Katrina Ell of Moody's Analytics discusses expectations for Australia's Q3 GDP results. She also weighs in on the country's cooling housing market, which she says will hurt consumer spending......»»
Expected rate hike likely as underlying inflation picks up
A key measure of U.S. inflation picked up as expected in November on rising costs for housing, medical care and used cars, reinforcing expectations that the Federal Reserve will raise interest rates next week......»»
Expected rate hike likely as underlying inflation picks up
A key measure of U.S. inflation picked up as expected in November on rising costs for housing, medical care and used cars, reinforcing expectations that the Federal Reserve will raise interest rates next week......»»
Lennar Misses Sales Expectations as Housing Market Wanes
Lennar Corp. shares edged higher Wednesday as two Federal Reserve officials signaled slower 2019 rate hikes, easing pressure on mortgage rates......»»
Lennar sees housing demand rebounding, shares up nearly 10 percent
Lennar Corp said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market......»»
Watch Live: Jay Powell Explains How "Everything Is Awesome" Despite Fed"s Fold
With the housing market in freefall, sentiment slumping, earnings expectations plunging, but stocks s.....»»