Today news
About the same in other media
10.12 - 18:39
Housing Industry Braces for a Downturn, but Investors Are Piling In
Reading now: 622
Investors are seizing on any sign inflation has peaked as a reason to snap up beaten-down shares. Just look at housing stocks.
Redfin Corp. shares have soared more than 50% since Nov. 9 when the real-estate brokerage’s chief executive warned, “We have to assume that the sun will never come up.” Shares of home builder PulteGroup Inc. have gained 11% over the same period, despite its CEO recently describing a widespread pullback in demand as interest rates climbed.
Read more on wsj.comAbout this in other media
What’s Going On With the Housing Market? wsj.com /1 year ago
What’s Going On With the Housing Market? wsj.com /1 year ago
Housing Costs, Inflation’s Biggest Component, Are Poised to Ease wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
