U.S. Homebuilder Sentiment Data Soft in June: ETFs in Focus
U.S. homebuilder ETFs struggled. purchase sentiment index fell to its lowest level in two years. Four out of 10 Americans said that “it’s a bad time to buy a home,” the highest on record since June.
Established nowcasting techniques generally use as inputs two types of economic data: directly quantifiable variables, mostly referred to as hard data, and survey-based measures of.
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· In economic news, U.S. home-builder confidence slipped in June, a sign of weakening sentiment in a key sector of the economy.
News Headlines for SPDR Series Trust Homebuilders . Friday, June 21, 2019. – Zacks , 8:00 AM EDT. Tuesday, June 18, 2019. U.S. Homebuilder Sentiment Data Soft in June: ETFs in Focus – Zacks , 4:34 PM EDT. Homebuilder ETF (XHB) Hits New 52-Week High. Homebuilder ETFs in Focus – Zacks , 7:06.
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· US Homebuilder Sentiment Posts 1st Decliner in 2019 By Paul Ebeling on June 17, 2019 Headline News , Investments , Paul Ebeling , Top Stories US homebuilders’ sentiment unexpectedly posted the 1st decliner this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.
Homebuilders sentiments are wavering despite low mortgage rates. What should be your stance on housing ETFs? Tue, Jun 18, 2:34 PM, Zacks U.S. Homebuilder Sentiment Data Soft in June: ETFs in Focus We discuss the release of sluggish homebuilder sentiment data for June for investors with money parked in the homebuilder ETFs.
The latest Fed meeting. % focus (read: Inside the New Sprott Zacks Gold Mining ETF). The reduction in rate projections and a somewhat soft tone of the Fed regarding rate hike made short-term.
while upbeat economic data help boost optimism for the strengthening U.S. economy despite lingering trade war worries. For June, the NFIB Small Business Optimism index showed sentiment slipped to.
It has a Zacks Rank #3 and a VGM Score of A (read: U.S. Homebuilder Sentiment Data Soft in June: ETFs in Focus). Microsoft Corporation MSFT : This stock takes the thirteenth spot and accounts for.
On the global scene, the U.S. is pretty much alone when it comes to new highs for the country stock market etfs. russia (RSX.