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Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with...

Publicly listed US homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates.

By Ananta Agarwal (Reuters) - Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of ...

Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with t...

PulteGroup Inc beat Wall Street estimates for second-quarter profit and revenue on Tuesday, as strong demand for affordable housing and tight resale inventory boosted new home sales. ...

Best Media Info: According to Refinitiv-Ipsos PCSI for January 2023, the consumer sentiment is down for the economy in India| Marketing News

Best Media Info: As per it, the sentiment is up for jobs; down for personal finances and investments, while it is unaltered for the economy| Marketing News

BEIJING, Aug. 31 (Xinhua) -- The purchasing managers index (PMI) for China non-manufacturing sector came in at 52.6 in August, down from 53.8 in July, the Natio

China's courier sector accelerated its recovery in June, a monthly industry index shows.

Consumer sentiment weakens in April 2022: Refinitiv-Ipsos India PCSI