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XHB May 2024 101.000 call
| Previous close | 3.0300 |
| Open | 3.0300 |
| Bid | 4.1000 |
| Ask | 8.8000 |
| Strike | 101.00 |
| Expiry date | 2024-05-31 |
| Day's range | 3.0300 - 3.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 3 |
- Yahoo Finance Video
Homebuilding fundamentals remain 'robust': Saint-Gobain NA CEO
Mortgage rates have slowly fallen for the second week in a row, with the 30-year fixed mortgage rate just above 7%. With the potential for mortgage rates to come down further, the housing market may see a bit of a turnaround for homebuyers. However, the supply of homes is still low. Saint-Gobain North America CEO Mark Rayfield (SGO.PA) joins Market Domination Overtime to discuss the state of homebuilding and the broader housing market. On the fundamentals of homebuilding in North America, especially after COVID-19, Rayfield states: "It's still a very robust market. So for the vast majority of building materials, if you look at exterior products and roofing and siding and gypsum and insulation, the market is there, thereabouts at capacity. Not sold out like it was in COVID. But depending on where you are regionally, there could be some supply challenges, not long. So that is another reason I say the market remains quite robust at these housing levels." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Yahoo FinanceHousing costs rise at slowest annual rate in two years as inflation eases
Shelter costs continued to pressure inflation in April, but a moderation continues and economists expect these pressure to ease in the months ahead.
Yahoo FinanceHome prices rise at the fastest pace since November 2022
US home prices in February rose more than 6% from the prior year, the fastest pace since November 2022 as a lack of supply feeds demand.
