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24.07.26 - 20:07
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Greg Abel schlägt zu: Berkshire kauft ein und wird viertgrößter Hausbauer in den USA (Wallstreet-Online)
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Man wartet immer noch ein wenig auf die neue Strategie von Berkshire. Eine neue Richtung hatte der neue CEO Abel bereits mit dem Kauf von Alphabet-Aktien angedeutet. Jetzt wird ein bestehendes Geschäftsfeld gestärkt... --- Mit dem ausgebauten Hausbaugeschäft will Berkshire künftig nahezu alle Kundengruppen bedienen, von Mietern und Erstkäufern über Familien, die in größere oder hochwertigere Häuser umziehen, bis hin zum Markt für Luxus- und Ferienimmobilien...
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24.07.26 - 17:57
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US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows (ZeroHedge)
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US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows
With Case-Shiller reporting existing home price declines in half of America's largest cities, and despite a weaker homebuilder confidence print, New Home Sales were expected to rebound from April and May's ugly declines... and they did, but only very modestly.
New home sales rose 1.6% MoM (+4.8% MoM exp) marking the first rise in three months, but May's 7.3% MoM decline was revised up to a mere 4.3% MoM decline.
However, this bounce was not enough to get annual sales positive (still down 5.6% YoY)...
Overall, new home sales have really gone nowhere for four years (but on the bright side, they are not as bad as existing- and pending-home-sales)...
It seems lower mortgage rates (admittedly having risen for the last month) did nothing to help move new home sales, and now they are on the rise again...
Median new home prices dropped for the second month in a row, back near their lowest levels since 2021...
The declin...
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