iShares US Home Construction ETF

ITB

Market cap $3.12B

CNBC's Dom Chu breaks down the latest housing data to cross the tape.

U.S. homebuilder sentiment jumped to a six-month high in October amid hopes that declining mortgage rates would stimulate demand for housing and help reduce an inventory overhang that has hampered new housing construction.

A pullback in the 10-year Treasury yield has provided relief to home builder stocks.

Policy changes on capital gains, regulations, and land use are among the possibilities to ‘fix' housing, Raymond James says.

Launched on May 1, 2006, the iShares U.S. Home Construction ETF (ITB) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.

Pending home sales in August rose 4% from July and were 3.8% higher year-over-year, a strong beat of Wall Street's expectations. The count is based on signed contracts, so it's a forward-looking indicator of closed sales in September and October, CNBC's Diana Olick reports.

Diana Olick joins 'Squawk on the Street' with the latest housing data to cross the tape.

John Lovallo, UBS homebuilders and building products analyst, joins CNBC to discuss KB Home's outlook, stabilization across key markets like Florida and Texas, and why he believes 2026 could be a breakout year for housing if mortgage rates ease.

CNBC's Diana Olick joins 'Squawk on the Street' with the latest home sale data to cross the tape.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.