Shares of homebuilders and housing stocks are trading lower amid rising yields and rising home prices, which could impact the housing market.
Portfolio Pulse from Benzinga Newsdesk
Shares of homebuilders and housing stocks are trading lower due to rising yields and increasing home prices, which could negatively impact the housing market.
September 05, 2023 | 3:59 pm
News sentiment analysis
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NEGATIVE IMPACT
BLD's stock price is likely to be negatively impacted by the rising yields and home prices.
As a homebuilder, BLD's stock price is directly influenced by the conditions of the housing market. The rising yields and home prices could lead to a decrease in demand for new homes, negatively impacting BLD's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
CCS's stock price is likely to be negatively impacted by the rising yields and home prices.
As a homebuilder, CCS's stock price is directly influenced by the conditions of the housing market. The rising yields and home prices could lead to a decrease in demand for new homes, negatively impacting CCS's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
DHI's stock price is likely to be negatively impacted by the rising yields and home prices.
As a homebuilder, DHI's stock price is directly influenced by the conditions of the housing market. The rising yields and home prices could lead to a decrease in demand for new homes, negatively impacting DHI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
GRBK's stock price is likely to be negatively impacted by the rising yields and home prices.
As a homebuilder, GRBK's stock price is directly influenced by the conditions of the housing market. The rising yields and home prices could lead to a decrease in demand for new homes, negatively impacting GRBK's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100