Tuesday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session
House Price Gains Are Set to Slow. Where Listings Are Up the Most. -- Barrons.com
US New-Home Sales Expected to Slow in October After September Jump
Consumer Confidence, New Home Sales Highlight Tuesday's Economic Calendar
Shares of Homebuilders and Housing-linked Stocks Are Trading Higher Amid a Drop in Yields.
U.S. stocks are fluctuating | The housing construction sector leads in gains, with existing home sales in October experiencing the first year-on-year increase in more than three years.
On November 25, Gelonghui reported that d.r. horton and toll brothers rose by more than 6%, while beazer homes usa, pultegroup, and lennar corp rose by more than 5%. According to the data from the National Association of Realtors (NAR) in the usa, the total number of existing home sales in October was an annualized 3.96 million units, with an expectation of 3.95 million units and a previous value of 3.84 million units. The total existing home sales in October increased by 3.4% month-on-month, marking the largest increase since February of this year, with an expectation of a 2.9% increase and a previous month-on-month decline of 1%. According to financial blog Zerohedge statistics, existing home sales in October increased by 2.9% year-on-year, recording the first increase since July 2021.