swhy: In the context of the Federal Reserve's interest rate cut, interest rate-sensitive real estate and manufacturing sectors may benefit.
The Federal Reserve's September meeting statement believes that progress has been made in achieving the target inflation, while job growth has slowed down and inflation and employment risks are roughly balanced. The meeting lowered the policy interest rate by 50 basis points and continued with the planned balance sheet reduction.
Shares of Housing-related Stocks Are Trading Higher After the Fed Cut Rates by 50 Bps, Which Could Affect Housing Demand.
Before the resolution, good news came from the usa housing market! Last week, mortgage rates hit a two-year low, and new home construction in August reached a four-month high.
The mortgage loan interest rate continues to decline, further boosting confidence in the US real estate market. Last week, the refinancing mortgage application index hit a new high of over two years, and construction permits in August rose to the highest level in six months.
U.S. Existing Home Sales Seen Hitting Almost 30-year Low in 2024, Fannie Mae Says
Study Finds 80% Reduction in Real Estate Brokerage Labor Costs
Confidence Rises Among US Home Builders as They Await Fed Move
Pandemic Darling. Housing Market Victim. Zillow Scratches Its Way Back to a New 52-week High
Zillow Gr Analyst Ratings
Zillow Stock Jumps on Upgrade. Thank Lower Mortgage Rates. -- Barrons.com
Zillow's Software, Services Initiatives Offers Revenue Upside as Wedbush Raises Stock Rating
Zillow's Stock Surges as Analyst Says Start Buying as Mortgage Rates Fall
Zillow Group Shares Are Trading Higher After Wedbush Upgraded the Stock From Neutral to Outperform and Raised Its Price Target From $50 to $80.
Wedbush Upgrades Zillow-C(Z.US) to Buy Rating, Raises Target Price to $80
Wedbush analyst Jay McCanless upgrades $Zillow-C(Z.US)$ to a buy rating, and adjusts the target price from $50 to $80.According to TipRanks data, the analyst has a success rate of 71.9% and a total
Mortgage Payments Fall Lower Than Rent in 22 of the 50 Largest US Metros
S&P 500 Futures Flat In Premarket Trading; Nuvalent, Bausch + Lomb Lead
Express News | Zillow Group Inc : Wedbush Raises to Outperform From Neutral
Is decline not coming anymore? Americans are currently experiencing the wealthiest period in their history, thanks to real estate and stocks!
Driven by the soaring prices of real estate and stocks, the net assets of Americans reached a record high of $163.8 trillion in the second quarter; According to data from the Federal Reserve, net assets of Americans increased by nearly 2% compared to the first quarter.
Shares of Housing Stocks and Homebuilders Are Trading Higher. The Sector May Be on Watch Amid a Drop in Yields and as Investors Await Rate Cuts.
As Mortgage Rates Hit 18-month Low, What Will the Fed Meeting Mean for Housing?
Goldman Sachs Asset Management: Bullish on commercial real estate debt, more favorable towards CMBS
Massive debt, financing crisis, and plunging property prices are casting a shadow over the commercial real estate market in the USA and posing a threat to investors and banks, but Goldman Sachs Asset Management remains bullish on the commercial real estate debt that others are concerned about.