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.
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.
Homebuilder ETF (ITB) Hits New 52-Week High
For investors seeking momentum, iShares U.S. Home Construction ETF ITB is probably on the radar. The fund just hit a 52-week high and is up 77.45% from its 52-week low price of $71.22/share.
Time for Homebuilder ETFs as Mortgage Rates Fall?
Homebuilder ETFs are expected to gain in the near term as mortgage rates are falling.
Exploring Economic Indicators: July 2024 Housing and the LEI
Economic indicators are released every week to provide insight into a country's overall economic health. They serve as essential tools for policymakers, advisors, investors, and businesses because they allow them to make informed decisions regarding business strategies and financial markets.
New Home Sales Surge to 14-Month High
The July release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 739,000 units, the highest level in fourteen months. The latest reading came in higher than the 624,000 forecast.
