ITB: U.S. Homebuilders In Free Fall, Crafting A Bullish Blueprint
I have a buy rating on the iShares U.S. Home Construction ETF due to its attractive valuation and potential technical support near $100. ITB offers exposure to U.S. home construction stocks, featuring a low 11.8x P/E ratio and a PEG ratio of 1.5x. Despite recent volatility and concentration risks, ITB's strong liquidity and seasonal trends from January to July are favorable.
What could help the US housing market in 2025
US pending home sales rose 2.2% in November, a hopeful sign the housing market could see some recovery in 2025 after a tumultuous 2024 marred by elevated mortgage rates. HousingWire lead analyst Logan Mohtashami joins Madison Mills to talk about key drivers for improvement in 2025, including a slowing economy and rising unemployment rates that could create an opportunity for mortgage rates to cool.
Here's what 2025 will bring for the housing market
The Home Construction ETF the ITB is tracking for its worst month since 2020. The Investment Committee debate the setup for housing in 2025.
Home sales rebound as buyers seize a dip in mortgage rates. Could the bump be short-lived?
Existing-home sales rose to a rate of 4.15 million in November, the National Association of Realtors said.
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the iShares U.S. Home Construction ETF (ITB), a passively managed exchange traded fund launched on 05/01/2006.
Homebuilder deal activity is surging, fueled by major Japanese buyers
Exceptionally strong housing demand in the U.S. has large homebuilders in the driver's seat and smaller builders ripe for takeover. The surge is the result of still-growing housing demand that reignited at the start of the pandemic thanks to record low mortgage rates and sudden new migration.
ITB: Future Fundamentals Appears Solid Despite Short-Term Challenges
iShares U.S. Home Construction ETF (ITB) remains a buy due to strong homebuilding future market dynamics and robust growth potential despite recent selloff from D.R. Horton's results. Home supply shortage persists despite rate cuts, with home prices rising and demand expected to improve significantly in 2025, benefiting established homebuilders. ITB's top holdings, including Lennar, and NVR, show strong financial performance and liquidity, positioning them well to capitalize on future demand.
Homebuilder Optimism May Be Ending As Conditions Weaken
The 2020-2021 surprise leap in new home sales ignited optimism among homebuilders. The increased sales combined with rising prices made for wonderful earnings and cash flow.
New home sales rise 4.1% in September
CNBC's Rick Santelli and Diana Olick report on the latest economic data to cross the tape.
New-home sales jump to highest level since May 2023
New-home sales surged in September, as home buyers seized on lower mortgage rates.
For Your Consideration: Homebuilding ETFs
Is the housing market finally starting to show some signs of life? Recently released data certainly seems to point to that.
Ivy Zelman shares her top homebuilder plays
Ivy Zelman, Zelman & Associates, joins 'Closing Bell Overtime' to talk her top homebuilder plays in the current market.
