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Existing Home Sales Report: April 2013Sold At The Top • Wed, May 22
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U.S. Housing Starts: April 2013 PreviewJames Picerno • Thu, May 16
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Homebuilder Confidence Back UpWall Street Strategies • Wed, May 15
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Construction Spending: March 2013Sold At The Top • Wed, May 1
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Homebuilder ETFs And Another Bailout For Fannie MaeTom Lydon • Fri, Nov 11, 2011
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Lennar Earnings Bring iShares U.S. Home Construction ETF Into FocusEric Dutram • Thu, Jun 23, 2011
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Construction Spending: On the RiseCasey Mulligan • Thu, Oct 1, 2009
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Existing Home Sales Report: April 2013Sold At The Top • Wed, May 22
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U.S. Housing Starts: April 2013 PreviewJames Picerno • Thu, May 16
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Homebuilder Confidence Back UpWall Street Strategies • Wed, May 15
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Construction Spending: March 2013Sold At The Top • Wed, May 1
There are no Transcripts on ITB.
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at MarketWatch.com (Thu, 11:52AM)
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at Fox Business (May 10, 2013)
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at MarketWatch.com (Apr 30, 2013)
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at MarketWatch.com (Mar 19, 2013)
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at MarketWatch.com (Mar 18, 2013)
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at CNBC.com (Mar 13, 2013)
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at Fox Business (Feb 22, 2013)
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at MarketWatch.com (Feb 20, 2013)
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at MarketWatch.com (Feb 19, 2013)
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at MarketWatch.com (Feb 5, 2013)
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at CNBC.com (Jan 30, 2013)
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at MarketWatch.com (Jan 29, 2013)
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at MarketWatch.com (Jan 17, 2013)
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at MarketWatch.com (Jan 16, 2013)
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at MarketWatch.com (Jan 15, 2013)
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at Fox Business (Jan 10, 2013)
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at CNBC.com (Dec 31, 2012)
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at CNBC.com (Dec 28, 2012)
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at MarketWatch.com (Dec 26, 2012)
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at MarketWatch.com (Dec 19, 2012)
ITB vs. ETF Alternatives
ITB Description
The iShares Dow Jones U.S. Home Construction Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Home Construction Index.
See more details on sponsor's website
See more details on sponsor's website
Sector: Industrial Goods
Country: United States
Key Info
- In Your Portfolio: A Guide to Sector ETFs, Homebuilders and Construction ETFs
- Asset Class Performance: Themes & Subsectors
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Thursday, March 14, 3:54 PM Not shying away from a hot sector, Sterne Agee calls for over-weighting the homebuilders (XHB) ahead of Q1 earnings. "We believe housing supply is not sufficient to meet demand," says Sterne simply, and inventory in key regions has fallen to levels where builders from the low to high end can all raise prices. Top individual picks: RYL, DHI, MTH. 2 Comments
- Friday, March 8, 2:29 PM "Someone say house party?" In a note of that title, BofA MBS strategists lift their target for national home price gains in 2013 to 8% from 4.7%. The group cites the positive feedback loop of price gains fueling expectations of more price gains and easier credit, in turn stimulating more buying. Also helping is low inventory - a function of low supply, as opposed to the bubble when it was feverish demand. XHB +1%. Comment! [U.S. Economy]
- Thursday, March 7, 12:51 PM This is housing nirvana, I'm the most bullish I've ever been, Ivy Zelman tells CNBC. Bearish at the top, and bullish a year ago near the bottom, Zelman says we're in the very early innings of a house price rally that could go on for another 4-6 years. XHB -0.4%. 1 Comment [U.S. Economy]
- Monday, March 4, 3:49 PM "Dude, where's my inventory," asks Bill McBride, as the imminent start of the spring selling season has yet to bring much product forward. Inventory is up just 3.4% thus far this year, and stands 23.2% below a year ago. If the rest of March doesn't bring substantial gains then razor-thin inventories may not be done bottoming. 10 Comments [U.S. Economy]
- Tuesday, February 26, 10:35 AM More on New Home Sales: Sales nationally are up 28.9% Y/Y, up 54% in the northeast, up 60% in the west, up in the teens in the south and midwest. There's a 4.1 month supply of new homes for sale, down from 4.8 in December and 5.3 a year ago. XHB +1.4%. (full report) Comment! [U.S. Economy]
- Friday, February 22, 8:49 AM "Sellers are calling the shots right now," says a California real estate broker. "What's out there is gobbled up with anywhere from 5 to 25 offers." It's not 2005 again - by some measures it could be even crazier. At 1.74M homes, housing inventory is at the lowest level since 1999 as the spring buying season awaits. Zillow reports prices up 6.2% Y/Y in January, the fastest pace since the bubble days. 10 Comments [U.S. Economy]
- Tuesday, February 19, 10:06 AM More on NAHB (previous): After big gains for most of 2012, the index has essentially leveled out over the past 4 months. Yes, there are economy worries, but builders now must deal with rising costs for materials in all markets, and higher labor costs in certain markets, according to NAHB chief Rick Judson. XHB +0.6%. 2 Comments [U.S. Economy]
- Monday, February 11, 10:11 AM Median existing single-family home prices rose Y/Y in 133 of 152 tracked metro areas, according to the NAR, up from 120 in Q3 and just 29 a year ago. The national median sales price of $178.9K is up 10% Y/Y. Inventories shrunk to 1.82M homes at year's end, down 21.6% Y/Y - it's the lowest level of inventory since January 2001. XHB +7% YTD. 3 Comments [U.S. Economy]
- Wednesday, January 30, 9:42 AM The hot homebuilder sector (XHB) gets even more buzz as TRI Pointe Homes (TRH) ups the size of its IPO to 13.69M shares from 11.7M. The builder (mostly CA, also CO) would now raise $205M based on the midpoint of the expected price range of $14-$16/share. Comment! [U.S. Economy]
- Friday, January 25, 10:09 AM A soft print in New Home Sales takes some of the starch out of an early stock rally, the S&P 500 +0.3%. Seasonally adjusted sales were off 7.3% from November, but higher by 8.8% Y/Y. Sales in 2012 were 19.9% higher than 2011, the strongest gain since 1983. XHB flat. 7 Comments [U.S. Economy]
- Wednesday, January 23, 9:38 AM More on mortgage applications: Low rates (and the threat of higher ones) along with increasing prices have buyers busy. The seasonally-adjusted 3% rise in purchase applications has the index at its highest level since the homebuyer tax credit was set to expire in May 2010. The unadjusted purchase index +26% Y/Y. (full report) Comment! [U.S. Economy]
- Friday, January 18, 10:59 AM More good news for housing: Household formation growth is back. After averaging more than 1M/year prior to the property bust, formations dropped to about 500K/year between 2008-10. The number bounced to 1.1M in 2011 and looks to have risen further last year. The gains are particularly felt in the rental market, and builders are obliging with a big jump in multi-family starts. 5 Comments [U.S. Economy]
- Thursday, January 17, 9:25 AM A check on the homebuilder ETFs finds both XHB and ITB about 1% higher premarket following the big housing starts number. It's no news multi-family starts were of particular strength (longer-term chart), and Lennar (LEN) got on board this week, announcing its entry into that segment of the business. Comment! [U.S. Economy, On the Move]
- Friday, January 11, 9:21 AM BAML likes the homebuilding industry, unleashing Buy ratings on D.R. Horton (DHI), Toll Brothers (TOL), Masco (MAS), and Owens Corning (OC). 4 Comments [U.S. Economy]
- Monday, December 31, 2012, 6:15 PM One of the year's biggest payoffs comes from a contrarian bet on the most hated sector on the planet: long the housing sector. While the risk was large, the payday was larger. The iShares U.S. Home Construction ETF (ITB) surged more than 75% in 2012, boosted by homebuilders such as Pulte Homes (PHM) and Lennar (LEN) doubled or nearly doubled and construction-related stocks like Home Depot (HD) also soared. Comment! [U.S. Economy]
- Wednesday, December 19, 2012, 2:55 PM More on Housing Starts: Up 25% Y/Y, we're just getting started, writes Bill McBride, noting this year's total of about 770K is less than half the average from 1959-2000. Last time McBride checked, residential investment and housing starts are the best leading indicators for the economy, and their improvement suggests no recession for the next couple of years. 8 Comments [U.S. Economy]
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The Last Boomer
Sold ETFC, LUK, ITB, XHB. Booking profits and expecting to buy them all back at lower prices soon. - View all 0 replies
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- View all 3 replies
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The Last Boomer: XHB is my main position. I bought some ITB hoping that after underperforming for years, ITB may outperform in housing recovery. -
madav1138: Yeah but what housing recovery? There is no housing recovery and probably won't be for years due to giant backlogs.
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- View all 11 replies
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Joshua Hayes: under massive accumulation off the Oct lows. Look @ the volume on the up days. This isnt my opinion. These r simple facts. Look at ur charts -
Joshua Hayes: Just because they are under accumulation does not mean they will continue to be.I have a website where all buys/sells are posted. Get real.
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