SPDR Homebuilders ETF
NYSE ARCA: XHB
$119.94
+$2.03 (+1.7%)
Closing Price on November 22, 2024
XHB Articles
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country drives off of the...
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ThinkstockThe bad timing of Wall St. analysts is legendary. As the implosion of the subprime mortgage credit market mirrored the collapse in residential and commercial market real estate values in...
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ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was only about 51%...
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Homebuilder Lennar Corp. (NYSE: LEN) reported second quarter earnings today that handily beat both EPS and revenue estimates. Excluding a one-time tax gain, the company posted EPS of $0.21 compared...
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Investors have been chasing up the housing stocks higher and higher over the last year. The economy is only just now seeing a better housing market and foreclosures and the shadow inventory are...
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Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with their parents are...
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Homebuilder PulteGroup Inc. (NYSE: PHM) is leading homebuilding stocks into another trough today following a downgrade from S&P Capital IQ to ‘Strong Sell’. MarketWatch cites an analyst’s...
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The housing data keeps coming in with a mixed fan-fare. The new home sales in America for the month of February fell 1.6% to 313,000 versus a Dow Jones consensus target of 325,000. January was...
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Mortgage interest rates remain historically low, but buyers are either unwilling or unable to take advantage of the low rates. After three straight weeks of increases in mortgage applications,...
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Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the news starts...
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Homebuilder Toll Brothers, Inc. (NYSE: TOL) reported third fiscal quarter earnings this morning, managing to post EPS of $0.25 on revenue of $394 million. Analysts were expecting EPS of $0.03 on...
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Lowe’s Companies Inc. (NYSE: LOW) reported earnings on Monday morning ahead of the Tuesday report from The Home Depot, Inc. (NYSE: HD). When you look at the Lowe’s numbers and when you combine...
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For the second week in a row, the number of US mortgage applications rose, but the vast majority of the action came in refinancing, not new purchases. This spells continuing pressure on new home...
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This week is starting to look a bit different for housing and homebuilders and it is a serious matter in considering that the news of the world and the less recent housing data may be a bit too...
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