iShares US Home Construction ETF

ITB

Market cap $2.58B

The iShares U.S. Home Construction ETF (NYSEARCA:ITB | ITB Price Prediction) just rose 7% in a single week, yet the fund is still down about 4% year to date and sitting 7% below where it traded a month ago.

According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 622,000 in April. This represents a 6.2% decline from March's rate of 663,000 and an 11.3% drop from the previous year.

The typical U.S. home has more than 400 pounds of copper—and that's a problem when prices soar.

Technical indicators for Toll Brothers and Lennar suggest selling pressure in homebuilder stocks may be easing after a sharp sector pullback.

West Palm Beach, Chicago, and Austin are bucking the lousy housing market with stronger sales.

'The Big Money Show' co-hosts analyze a new housing bill passed by Congress, focusing on its impact on homebuilders and market supply.

Mortgage rates hit 6.75%, hurting US homebuilders, while one construction ETF gains from booming AI and infrastructure demand.

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Monday.

Confidence among U.S. home builders improved in May but still remains in negative territory amid rising mortgage rates, elevated costs and economic uncertainty tied to the war in Iran.

Homebuilder sentiment rose 3 points in May from April. The average rate on the 30-year fixed mortgage is now 6.65%, according to Mortgage News Daily.