Previous close | 5.50 |
Open | 5.50 |
Bid | 6.00 |
Ask | 6.50 |
Strike | 90.00 |
Expiry date | 2026-01-16 |
Day's range | 5.50 - 5.50 |
Contract range | N/A |
Volume | |
Open interest | 8 |
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.