Shares of Housing and Building-related Stocks Are Trading Lower. Building Permits and New Home Sales Fell in October.
October U.S. New Home Sales Fall More Than Expected
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Express News | US Oct Single-Family Home Sales -17.3%
Express News | US Oct Single-Family Home Sales 0.610 Mln Unit Ann. Rate, (Cons 0.725 Mln)
Express News | U.S. Home Prices +4.4 Pct in 12 Months Through September - U.S. Regulator
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House Price Gains Are Set to Slow. Where Listings Are Up the Most. -- Barrons.com
US New-Home Sales Expected to Slow in October After September Jump
Consumer Confidence, New Home Sales Highlight Tuesday's Economic Calendar
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U.S. stocks are fluctuating | The housing construction sector leads in gains, with existing home sales in October experiencing the first year-on-year increase in more than three years.
d.r. horton and toll brothers rose over 6%, while beazer homes usa, pultegroup, and lennar corp rose over 5%. According to the data from the National Association of Realtors (NAR), the total existing home sales in the usa for October was an annualized 3.96 million units, with expectations of 3.95 million units, and the previous value was 3.84 million units.
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Trump's tariffs are worrying! NRF: Could shrink usa consumers' spending power by $78 billion annually
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
With the arrival of Trump 2.0, where will the usa real estate market head?
Jonathan Warren, UBS Group's Chief Investment Officer and stock strategist, stated that the direction and level of interest rates, as well as the power of the Republican legislative agenda, will determine the real estate landscape under President Trump's second term in office.