The housing market isn't slowing down anytime soon

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Consumers still want to buy new houses and live the proverbial suburban American dream, especially since Covid-19 is still a major concern.

Home improvement retail giant Lowe's issued a disappointing sales outlook Wednesday morning. Meanwhile, home builder Lennar reported results Wednesday afternoon that missed forecasts. The company cited supply chain issues and higher lumber costs. Lennar shares fell 4% Thursday.

Horton are also trading near all-time high levels, as is home leasing real estate investment trust Invitation Homes . Lowe's recently hit a record high, too, and rival Home Depot , the top performing Dow stock this year, is close to one as well. The SPDR S&P Homebuilders ETF , which owns shares of most of the major builders as well as suppliers and retailers, is up nearly 50% this year.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Fed accelerates taper and leaves rates unchanged. Five market analysts gauge the impactThe Federal Reserve's decision to aggressively slow its bond-buying program but keep interest rates steady has market analysts split. TradingNation TradingNation
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »