Williams-Sonoma

Johnson Controls

Lennox International

Trane Technologies plc

Owens Corning

Home Depot

Lowe's

Allegion

Carlisle Companies

Masco

SPDR S&P Homebuilders ETF

XHB tracks a broad-based, equal-weighted index of US companies involved in the homebuilding industry.

Home prices have risen over the last three years due to a lack of supply. Current homeowners are holding onto their homes and their low mortgage rates. Homebuilders have built a lot of supply but now I worry they have oversupplied the market to the point where new homes are cheaper than used homes.

XHB: Too Much Supply In A Market Driven On Little Volume

August US housing starts fell to its lowest level in three years in a worrying sign for the economy. The slowdown in homebuilding activity comes as mortgage rates continue to linger above 7%.

US housing starts fall to lowest level since 2020 in worrying sign for the economy

U.S. homebuilding plunged to a more than three-year low in August as a resurgence in mortgage rates weighed on demand for housing, but a jump in permits suggested new construction remained supported by a dearth of homes on the market.

US housing starts hit three-year low; surge in permits point to underlying strength

iShares U.S. Home Construction ETF

Homebuilder sentiment dipped into negative territory this month for the first time since April. The marked decline comes as the average mortgage rate lingers above 7%.

Homebuilder sentiment turns negative for the first time since April as more buyers defer purchases amid high rates

Sentiment among U.S. homebuilders unexpectedly fell into negative territory in September as high mortgage rates weighed on consumer demand for new homes.

Homebuilder sentiment plunges again amid spike in mortgage rates

High interest rates put significant pressure on the activity in the housing market.

NAHB Housing Market Index Pulled Back To April Lows

The numbers: Builder confidence fell in September to the lowest level in five months as buyer demand waned on the back of persistently high mortgage rates.

Builder confidence index falls to five-month low amid high mortgage rates

U.S. homebuilder confidence fell for a second month in September, with optimism dropping to the lowest since April as high interest rates cut into affordability for prospective buyers.

US homebuilder confidence falls to lowest since April, says NAHB

Homebuilder sentiment fell into negative territory as potential buyers struggle to afford new homes in a higher mortgage rate environment.

Homebuilder sentiment goes negative for the first time in 7 months, thanks to higher mortgage rates

iShares Residential Real Estate ETF

Invesco S&P 500 Equal Weight ETF

SPDR S&P 500 ETF Trust

Consumer Discretionary Select Sector SPDR Fund

Economic indicators are released every week to provide insight into the overall state of the U.S. economy. Policymakers and advisors closely monitor economic indicators to understand recession risk and the direction of interest rates because the data can ultimately impact business decisions and financial markets.

Inflation's Lingering Shadow: A Look at Recent Economic Indicators

XHB, an ETF that invests in stocks that build and maintain homes, has run its course. Unfortunately for XHB, a homebuilding ETF, it is rolling over and reaching a point of high risk, outweighing the reward, due to a combination of economic and price trend issues. Rapidly-weakening financial position of homebuyers and a frozen housing market contribute to the Sell rating on XHB.

XHB: Sell Rating Issued, As Homebuilding Risks Rise

D.R. Horton

Lennar

PulteGroup

The gain in the 10-year Treasury yield signals more increases in mortgage rates, which have remained high this year relative to their historic lows earlier in the pandemic.

Builder Stocks Are Falling. Blame the Treasury Yield.

SPDR Bloomberg 1-3 Month T-Bill ETF

Pacer US Cash Cows 100 ETF

Amplify Online Retail ETF

iShares Core S&P 500 ETF

Invesco Dynamic Building & Construction ETF

iShares MSCI USA Quality Factor ETF

VanEck Vectors Retail ETF

WisdomTree Bloomberg Floating Rate Treasury Fund

Vanguard S&P 500 ETF

Vanguard Total Stock Market ETF

Hey VettaFi Voices, the question this week is “Have we avoided recession?” There are differing opinions all around, but some reputable sources like Goldman Sachs are saying it's increasingly unlikely.

VettaFi Voices On: The Odds of Avoiding a Recession

Direxion Daily Homebuilders & Supplies Bull 3X Shares

Several key economic indicators are released every week offering valuable insights into the overall health of the U.S. economy. Policymakers and advisors closely monitor economic indicators to understand recession risk and the direction of interest rates because the data can ultimately impact business decisions and financial markets.

Assessing the Economy Through Consumer Sentiment and Housing

Exchange-traded funds that buy shares of home builders are swinging higher after fresh data on Wednesday showed new-home sales in the U.S. climbed by more than anticipated in July.

Home-builder ETFs jump after data show new-home sales rose in July despite high mortgage rates

SPDR S&P Retail ETF

Economic indicators are released every week to help provide insight into the overall health of the U.S. economy. With the Fed's tightening on monetary policy and the constant threat of a recession looming, policymakers and advisors are closely monitoring economic indicators because the data can ultimately impact business decisions and financial markets.

Assessing the Recession Risk: Interpreting Key Economic Indicators

The U.S. housing market has shown immense improvement this year buoyed by solid demand, lack of existing inventory and gradual improvements in supply chains. However, higher mortgage rates are dampening housing market activity.

Will High Mortgage Rates Halt the Housing ETF Rally?

The homebuilding sector is at an early stage of the next cycle for the industry. Earnings are declining for the builders, but the supply-and-demand imbalance is stark.

Here's Why Warren Buffett Is Betting Big on Homebuilders

Warren Buffett's latest foray into the home-building industry serves as a evidence of the sector's value proposition.

Is It Time to Buy Homebuilding ETFs Following Warren Buffett?

A slip in home builders' confidence casts a shadow over new-home construction data set for release on Wednesday.

Housing Market's 1 Bright Spot Just Dimmed

The National Association of Home Builders/Wells Fargo Housing Market Index slid to 50 in August from 56 in July. The dip from July's 13-month high marked the first decline of 2023.

Home builder confidence just dropped for the first time in 2023 as spike in mortgage rates further dents affordability

Toll Brothers

The numbers: Builder confidence waned in August as the 30-year mortgage rate surged, dampening U.S. home-buying interest.

Builder confidence falls for the first time in 2023, despite strong U.S. home-buying demand

U.S. home builder confidence weakened in August for the first time this year, according to a report released Tuesday, as record-breaking mortgage rates and still-high housing prices discouraged prospective buyers.

U.S. home builder confidence falls for the first time in 2023

A recent jump in mortgage rates has taken the steam out of recent gains in homebuilder sentiment.

Homebuilder sentiment drops sharply, as mortgage rates surge over 7%

Fidelity MSCI Telecommunication Services Index ETF

ProShares Russell 2000 Dividend Growers ETF

Invesco S&P 500 Enhanced Value ETF

SPDR S&P Transportation ETF

These ETFs could fly high in August as the broader market is likely to rally on upbeat economic data points and cooling inflation.

News for SPDR S&P Homebuilders ETF ETF (XHB)