Previous close | 3.4600 |
Open | 3.4600 |
Bid | 0.0000 |
Ask | 10.0000 |
Strike | 155.00 |
Expiry date | 2026-01-16 |
Day's range | 3.4600 - 3.4600 |
Contract range | N/A |
Volume | |
Open interest | 34 |
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.
Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data. Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Real estate mogul Barbara Corcoran cautioned that lower mortgage rates could bring more buyers into the market, sending home prices “through the roof.”