|Day Low/High||60.72 / 61.75|
|52 Wk Low/High||37.29 / 61.19|
Where it began. The rundown: • U.S. futures are flattish this morning. (S&P 500 futures are unchanged and Nasdaq futures are 3 handles lower) • Europe is up by about 0.50% on average. • The Nikkei is down 0.13%. The Wall Street Journal (Jon Hilsenra...
Housing starts are still too low to meet the coming demand.
Where it began. The rundown: Stocks in Europe are slightly higher, with exception of European bank stocks, which are lower on regulatory issues. India is weaker, but strength is seen in Chinese markets, up by 0.65% -- positive casino news and severa...
This looks like an imbalance between supply and price -- and it seems to have begun correcting.
Pending home sales are strong, and home-improvement retailers are busy.
Jim Cramer weighs in on two big reports out of the homebuilder and retail sectors on May 28: Toll Brothers and Michael Kors.
The decline in mortgage rates and the lack of inventory could lift this group.
The sector's recent data reports and the charts paint an ugly picture.
Chief Economist of Freddie Mac, Frank Nothaft reveals that the Midwest region, Texas in particular, leads the way in housing growth, while Florida, New Jersey and North Carolina show the most improvement.
TheStreet's Stephanie Link and Jill Malandrino review trends in the labor and housing markets and the sectors and stocks that stand to benefit.
Even as housing stocks approach oversold levels, data are actually firming across the board.
The Fed's monetary policy has not worked, and homebuilders' stocks should still be sold.
Lennar Homebuilders shares aren't moving higher on its good quarterly earnings report because it had already moved up on similar news from KB Home, says TheStreet's Jim Cramer.
Lennar Homebuilders easily beat analyst estimates for earnings and revenues. Increased home prices and reduced incentives combined to deliver high gross margins.
Before you fill out your March Madness bracket, be sure you're not missing out on any of this morning's earnings reports, including Burlington Stores, Guess, and Lennar.
KB Home shares shot up on Wednesday as higher selling prices, demand for larger homes and increased household incomes all helped to drive revenues.
TheStreet's Jim Cramer says the building permits number is "terrific" and is the number he cares about because it provides information about the future of the housing market.