Housing Becoming Unaffordable, NAHB Housing Market Index Slide Continues to May 2014 Levels

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  • #43982
    Helmholtz Watson
    Participant

    NAHB housing market index fell three points in September to 46, the lowest level since May 2014 with the exception of the spring of 2020. Forecas
    [See the full post at: Housing Becoming Unaffordable, NAHB Housing Market Index Slide Continues to May 2014 Levels]

    #44041
    TradersCom
    Keymaster

    KeyBanc Capital Markets upgraded #Homebuilders to Overweight from Sector Weight

    D.R. Horton $DHI tgt $84
    Lennar $LEN tgt $89
    Meritage $MTH tgt $87
    PulteGroup $PHM tgt $47
    Toll Brothers $TOL
    TopBuild $BLD tgt $205

    SPDR S&P Homebuilder ETF $XHB +1.8%
    iShares U.S. Home Construction ETF $ITB closed +2.3%.
    Followed NAHB HMI release today
    Tomorrow August Housing Starts & Building Permits at 8:30 a.m. ET,

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