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Economic indicators provide insight into the overall health and performance of the economy. They are closely watched by policymakers, advisors, investors, and businesses because they help them to make informed decisions about business strategies and financial markets.
Sentiment among the nation's single-family homebuilders dropped to the lowest level in five months in February. The drop was largely due to concern over tariffs, which would raise homebuilder costs significantly.
Builder sentiment fell to the lowest level since September, the National Association of Home Builders said.
CNBC's Diana Olick joins 'Squawk on the Street' to with the latest housing data to cross the tape.
U.S. homebuilder sentiment tumbled to a five-month low in February amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing costs.
Sector ETF labels can be misleading; Technology ETFs, for example, vary significantly in holdings, risk profiles, and performance outlooks. The abundance of sector ETFs complicates investor decisions, making thorough analysis challenging and increasing the risk of missing profitable opportunities. Knowing ETF holdings is crucial to avoid poor performance; buying ETFs without analysis is akin to buying stocks without due diligence.
Real estate investment spreads are healthier today with higher cap rates and cost of capital, enhancing long-term returns despite similar nominal spreads. Higher cap rates lead to more accretive organic growth, reinvestment, dividends, debt reduction, and buybacks compared to the low-rate environment of early 2022. The current 8% cap rate and 6% cost of capital environment are more favorable for REITs than the previous 6% and 4% scenarios.
CNBC's Diana Olick reports on how tariffs could be impacting the housing market.
The December release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 698,000 units, beating the 669,000 forecast. New home sales are up 3.6% from a revised rate of 674,000 in November and are up 6.7% from one year ago.