Homebuilders ride D.R. Horton jump to highest since January 2022
An index tracking the industry is up 28% so far this year coming off of one of its worst years since 2018.
Source: nationalmortgagenews.com
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Five Takeaways on the 2023 Housing Market
A look at how Zonda and Bloomberg teamed up to better understand what the housing landscape may look like throughout the coming year.
Source: builderonline.com
PulteGroup stock price rises after builder's results 'better than feared'
PulteGroup Inc. reported plunging demand for its homes and a spike in canceled deals for the third quarter. But the shares rose, showing just how the bar has been "lowered" for builders navigating the U.S. housing slump.
Source: nationalmortgagenews.com
Homebuilders' gloom deepens on U.S. recession risk, soaring rates
From Bloomberg: Surging mortgage rates and accelerating inflation have pressured consumers and shaken investor confidence on the resiliency of the torrid demand for homes that was spurred by the pandemic.
Source: crainscleveland.com