Homebuilders fall to 10-month low on sales data, earnings miss

Falling mortgage rates are giving a lift to U.S. homebuilders just in time for. jumped 4% last week from a year earlier, according to data released today by the Mortgage Bankers Association. And.

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By Barbara Kollmeyer, MarketWatch , Ryan Vlastelica . Home builders fall after new-home sales data . U.S. stocks rose on Monday, suggesting equities could extend a two-week rally as concerns appeared to fade about the inflation picture facing the economy and the impact it could have on interest rates.

Digital mortgage firm Qualia gets new round of funding Very slight increase in mortgage application volume this week The refinance share of mortgage activity decreased again, falling to 44.9% of total applications from 45.6% the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 7.2.

While median home prices dropped 12 per cent over the past year, the data provided further evidence that the housing market may have bottomed said economists. The S&P home builders. its.

Spiking crude oil prices, poor corporate earnings and more bad news from the banking sector sent the Dow Jones Industrial Average scuttling to its lowest level since September 2006. since the Great.

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Gap Shares Plunge to 4-Year Low After Q1 Earnings Miss, 2019 profit forecast cut. Gap said it sees same-store sales continuing to fall at a low single digit pace, compared to its earlier view.

(Bloomberg) — U.S. homebuilders are sinking today. Blame that on disappointing economic data and earnings reports that trailed estimates. The S&P Homebuilding Select Industry Index fell 2.8 percent as of 11:07 a.m. in New York, poised for its biggest drop since early April and its lowest closing level since September.

Here’s our summary of articles and data points. a year ago. "Home builders are sitting on undeveloped land they once considered assets," says Houston attorney Tom Henderson. "Now the land’s become.

What July’s New Home Sales Numbers Told Us About Homebuilders And The Market.. History of New Home Sales Data and Homebuilders ETFs.. LEN should report strong earnings data at its next.

 · From diana olick: builder sentiment rose 2 points to 58 in January on a monthly index from the National Association of Home Builders. This came after two months of.

Canadian home sales climb in July on Toronto gains Home sales over Canadian MLS Systems rose by 5.2% month-over-month in February 2017 to reach the highest level since April 2016. While February sales were up from the previous month in about 70% of all local markets, the national increase was overwhelmingly driven by an increase in activity across the Greater Toronto Area (GTA) and environs.

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