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Berkshire Hathaway CEO Greg Abel warned that US consumers remain under financial strain and sees no immediate housing recovery, predicting continued headwinds despite long-term housing deficits. Hous…
Home Depot is struggling with declining store foot traffic and sluggish demand for big-ticket projects due to historically low housing turnover and elevated mortgage rates. While the retailer invests…
U.S. stocks rallied Wednesday as the Dow Jones surged 1.31%. A new 'JK Misery Index' incorporating mortgage rates signals potential market headwinds ahead, though current readings remain favorable fo…
US equity markets decline with Nasdaq down 1% as pending home sales show modest gains but housing stocks underperform. Treasury yields rise to 4.68% amid economic uncertainty and weak housing demand …