Declining Affordability In The Sales Mix Of New Homes
Ironman at Political Calculations - at Seeking Alpha - Fri Dec 05, 1:50AM CST
Earlier this week, we noted that the preliminary data for both the median sale price and the average sale price of all new homes sold in the U.S. appeared to spike dramatically upward to reach all-time record levels for the month of October...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Housing In 2015: Consumers Upbeat, But Recovery Faces A Tricky Handoff
Trulia - Seeking Alpha - Wed Dec 03, 5:50AM CST
By Jed Kolko, Chief Economist Consumers think 2015 will be a better year than 2014, especially for selling a home. But the recovery will slow as the rebound effect fades before fundamentals become strong. Key markets to watch are in the Northeast,...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Home Price Expectations And Residential Investment
The Angry Bear - at Seeking Alpha - Tue Dec 02, 1:08PM CST
By Robert Waldmann I have often wondered whether the very low level of Private Residential Investment (also known as building houses) in the USA is due to unusually low expectations of long term increases in home prices. Here, I add that I would...
REZ: 58.18 (-0.63), XHB: 33.26 (+0.07), IYR: 76.66 (-0.40)
Something Weird In The U.S. New Home Market
Ironman at Political Calculations - Seeking Alpha - Tue Dec 02, 10:07AM CST
Something really weird appears to have happened to the U.S. new home market in October 2014. Here, if we're to believe the preliminary figures reported by the U.S. Census Bureau, both the median sale price and the average sale price of new homes...
REZ: 58.18 (-0.63), XHB: 33.26 (+0.07), IYR: 76.66 (-0.40)
Think Homebuilder Optimism Is Irrational? Think Again
Sober Look - at Seeking Alpha - Mon Dec 01, 1:29AM CST
The chart below (and similar comparisons) has been circulated widely in the media and the blogosphere. It shows homebuilder optimism (as measured by the NAHB ) far outpacing sales of single-family homes in the United States. Naive reporters and...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Things I Should Have Written About When They Were Published: Lawrence Summers On 'House Of Debt'
Brad DeLong - Seeking Alpha - Mon Dec 01, 12:41AM CST
Lawrence Summers : On 'House of Debt' : "Atif Mian and Amir Sufi's House of Debt, despite some tough competition… …looks likely to be the most important economics book of 2014; it could be the most important book to come out of...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Housing ETFs Rising On Upbeat Numbers: Time To Buy
Zacks Funds - at Seeking Alpha - Sat Nov 29, 5:29PM CST
Homebuilder ETFs were on a tear last year barring occasional dips due to taper concerns. Funds in this segment surged on popularity as investors fired on all cylinders to make the most of the cheap money flying in the U.S. economy. In fact, ETFs in...
DHI: 24.89 (+0.32), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Hav Existing Home Sales Volumes Finally Recovered?
Steven Hansen - Seeking Alpha - Sat Nov 29, 9:37AM CST
There was a pigs breakfast of mostly positive headlines after the October existing homes sales data was released. My post had a positive spin October 2014 Existing Home Sales Had the Best Month in a Year . The problem for all analysts is that it...
XHB: 33.26 (+0.07), IYR: 76.66 (-0.40)
Global Brass And Copper Holdings Is A Cheap Play On The Housing Market
Edward Vranic, CFA - Seeking Alpha - Fri Nov 28, 9:35AM CST
Positive housing numbers and bullish investor sentiment have driven strong gains in the SPDR S&P Homebuilders ETF (NYSEARCA: XHB ) and homebuilder stocks over the past two years. Global Brass and Copper Holdings, Inc. (NYSE: BRSS ) is a cheaper...
XHB: 33.26 (+0.07), BRSS: 12.11 (-0.10)
A Note About The Housing Market For October
Hale Stewart - at Seeking Alpha - Thu Nov 27, 8:14AM CST
By New Deal Democrat A slew of housing data for September and October was reported yesterday and this morning. I'll try to have a long, more involved piece either on Friday or Monday, but in the meantime let me give you a few comments. To begin...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
A Disappointing Surge In Average And Median Sales Prices For New Homes
Dr. Duru - at Seeking Alpha - Wed Nov 26, 12:12PM CST
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Housing ETFs Rising on Upbeat Numbers: Time to Buy? - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Wed Nov 26, 11:00AM CST
Housing ETFs are in focus on some solid data reports, can the momentum continue in this space?
DHI: 24.89 (+0.32), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
A Convergence Of Positive Momentum Continues Its (Quiet) March For Home Builders
Dr. Duru - at Seeking Alpha - Tue Nov 25, 12:52AM CST
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03)
Housing Recovery Will Continue in 2015 but Growth Depends on the Region
at The Street - Fri Nov 21, 4:31PM CST
The recovery in housing is a catalyst to strength in the market and economic growth, says Hollis Greenlaw, CEO of United Development Funding.
SPY: 208.00 (+0.34), XHB: 33.26 (+0.07), IYR: 76.66 (-0.40)
Best Strategy To Play The Turnaround In The Housing Market
Dynamic Equity - at Seeking Alpha - Fri Nov 21, 12:45PM CST
DHI: 24.89 (+0.32), LEN: 45.55 (-0.22), XHB: 33.26 (+0.07), PHM: 21.54 (-0.18), KBH: 16.20 (-0.10), TOL: 34.74 (+0.13)
SPDR S&P Homebuilders ETF Rises 2.13% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Nov 20, 4:16PM CST
SPDR S&P Homebuilders ETF (AMEX:XHB) traded in a range yesterday that spanned from a low of $32.27 to a high of $33.26. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $32.50 on volume of 4.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
XHB: 33.26 (+0.07)
SPDR S&P Homebuilders ETF Set to Possibly Pullback After Yesterday's Rally of 2.13%
Comtex SmarTrend(R) - Thu Nov 20, 4:16PM CST
SPDR S&P Homebuilders ETF (AMEX:XHB) traded in a range yesterday that spanned from a low of $32.27 to a high of $33.26. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $32.50 on volume of 4.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
XHB: 33.26 (+0.07)
Housing Market Data This Week: False Flag Reports
Dave Kranzler - at Seeking Alpha - Thu Nov 20, 1:00AM CST
DHI: 24.89 (+0.32), LEN: 45.55 (-0.22), RYL: 37.65 (+0.01), XHB: 33.26 (+0.07), PHM: 21.54 (-0.18), BZH: 18.93 (+0.11), KBH: 16.20 (-0.10), TOL: 34.74 (+0.13)
Mixed Housing Data
Bespoke Investment Group - at Seeking Alpha - Wed Nov 19, 6:08PM CST
After a big jump in sentiment based on Tuesday's NAHB Home Builder Sentiment report , today's data on Housing Starts and Building Permits was mixed. For Housing Starts, economists were expecting a seasonally adjusted annualized rate of 1.025...
PKB: 21.75 (+0.13), XHB: 33.26 (+0.07), ITB: 25.59 (+0.03), IYR: 76.66 (-0.40)