XLRE: Real Estate Select Sector SPDR Fund (The)

Yahoo

Home improvement retailer Lowe's (LOW) may have topped third quarter earnings estimates and raised full-year guidance, but its shares are taking a dip this session on its sales growth declines. Yahoo Finance senior housing reporter Dani Romero examines what Lowe's sales and interest rates are indicating about the home improvement industry. Romero goes on report October's US housing starts, which slipped to 1.31 million from the prior month. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

SeekingAlpha

Despite widespread concerns about whether the Federal Reserve could hike rates enough to lower inflation without sparking a recession, the economy has remained resilient.

Yahoo

According to the National Association of Home Builders (NAHB), homebuilder confidence stands at a reading of 46 in November, up 3 points from October's level. Realtor.com chief economist Danielle Hale joins Wealth to discuss the state of the housing market. Hale highlights a significant housing shortage, noting that the US housing market has been 2.5 million to 7 million homes short over the last decade. "We need to do a lot more building," she states. She anticipates potential relief within current building challenges like labor shortages, land constraints, and regulatory hurdles when the incoming Trump administration takes office. Regarding home affordability, Hale points out that builders are implementing strategies such as mortgage rate buydowns and various incentives to attract buyers. However, she names high mortgage rates as the "underlying" issue impacting housing affordability. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

SeekingAlpha

For homebuilder stocks, the long-term uptrend remains in place, albeit the chart isn't as constructive as it once was. Click to read.

SeekingAlpha

Real estate equities were laggards for a second week. Read more to see my thoughts.

SeekingAlpha

Insightful analysis on U.S. real estate industry earnings during the third quarter, with winners and losers identified across major property sectors.