Opportunities Following The End Of The Worst Seasonal Trade For Home Builders
Home builders suffered historic underperformance versus the S&P 500, but recent technical breakouts signal a potential bearish-to-bullish reversal for ITB. Falling mortgage rates and improving technicals support a tactical rebound in homebuilder stocks, with ITB and select names like TMHC and LEN showing upside potential. TMHC's breakout above its 200DMA, LEN's basing pattern, and CCS's reversal offer attractive entry points, though LEN is treated as a shorter-term trade due to weaker fundamentals.
New Home Sales Retreat to 7-Month Low
New home sales retreated in May, experiencing their largest monthly decline in nearly three years. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 623,000 last month, their lowest level in seven months.
Sector ETFs Set to Gain as Inflation Cools in May
Cooling May inflation boosts prospects for ETFs tied to consumer spending, tech growth, homebuilding and real estate.
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
Launched on 05/01/2006, the iShares U.S. Home Construction ETF (ITB) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
New Home Sales Jump to 3-Year High in April
New home sales jumped to their highest level in over three years in April, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 743,000 last month, higher than the 694,000 forecast.
New Home Sales Reach 6-Month High in March
New home sales reached a six-month high in March, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 724,000 last month, higher than the 684,000 forecast.
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
The iShares U.S. Home Construction ETF (ITB) was launched on 05/01/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
No Spring Selling Season in 2025: Homebuilding ETFs in Focus
Homebuilders are off to a slow start this spring as high mortgage rates and looming tariff uncertainties are weighing on buyers' sentiments.
New Home Sales Rebound in February; Just Below Forecast
New home sales rebounded slightly in February but still came in just below the forecast. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 676,000 in February, below the 682,000 forecast.
ITB: Buy The Dip As The Housing Market Is On Verge Of Recovery
The iShares U.S. Home Construction ETF presents a strong buying opportunity, as the housing market shows signs of recovery with improving supply and declining mortgage rates. Homebuilding companies have outperformed expectations, indicating robust growth potential for ITB, especially with anticipated rate cuts and economic recovery in the second half of the year. While ITB carries macroeconomic risks and higher volatility, it offers diversified exposure to the home construction industry, making it a compelling investment for those seeking growth.
Home builders are expected to slow down. That's bad news for America's massive housing shortage.
Construction of new homes rose 11.2% in February as builders ramped up new projects after a harsh winter. The increase is not expected to last.
Homebuilder confidence hits 7-month low in March
Home builder confidence fell in March to its lowest level in seven months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. Walton Global EVP of Capital Markets Katie Hubbard explains why confidence is falling in the video above.
