Previous close | 17.60 |
Open | 17.50 |
Bid | 19.60 |
Ask | 24.00 |
Strike | 90.00 |
Expiry date | 2024-10-18 |
Day's range | 17.50 - 17.60 |
Contract range | N/A |
Volume | |
Open interest | 5 |
Homebuilders who bucked the worst of last year’s housing slump may be seeing their luck run out. Last month's sales skidded to a seasonally adjusted annual rate of 619,000 units, the slowest pace since November, the U.S. Census Bureau reported Wednesday. The average rate on a 30-year mortgage has mostly hovered around 7% this year, according to mortgage buyer Freddie Mac.
New home sales decline in May, thanks to high borrowing costs. Does this prepare us for a grim outlook for housing?
KB Home (KBH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.