Homebuilders Are Slashing Prices — But Only In Certain Markets
Zillow's "multiple downward revisions" suggests that the housing market in the USA is cooling down?
Zillow, the largest Real Estate platform in the USA, has repeatedly lowered its housing price expectations. In March, it predicted that housing prices in the USA would increase by 0.8% over the next year, but in April, it shifted to a bearish outlook and projected a decrease of 1.7%. Zillow pointed out that high housing prices and mortgage rates are suppressing home-buying demand, while the increase in listings provides buyers with more room for negotiation.
March Housing Starts Drop More Than Projected on Single-Family Slump
BTIG Maintains PulteGroup(PHM.US) With Buy Rating, Cuts Target Price to $124
BofA Securities Maintains PulteGroup(PHM.US) With Buy Rating, Cuts Target Price to $120
Oppenheimer Maintains PulteGroup(PHM.US) With Buy Rating, Cuts Target Price to $125
Earnings Preview: PulteGroup to Report Financial Results Pre-market on April 22
Builders Expect Tariffs to Increase Costs by Nearly $11,000, but They're Slashing Home Prices. Here's Why.
BofA Securities Adjusts Price Target on PulteGroup to $120 From $134, Maintains Buy Rating
Tariff Tensions Shake Builder Confidence During Critical Spring Housing Season
BTIG Adjusts Price Target on PulteGroup to $124 From $145, Maintains Buy Rating
Oppenheimer Adjusts PulteGroup Price Target to $125 From $150, Maintains Underperform Rating
Mortgage Rates Soar, Prompting Home Buyers to Seek Refuge in Adjustable-rate Loans
Goldman Sachs Adjusts Price Target on PulteGroup to $110 From $127, Maintains Neutral Rating
Under The Bonnet, PulteGroup's (NYSE:PHM) Returns Look Impressive
Wells Fargo Maintains PulteGroup(PHM.US) With Buy Rating, Cuts Target Price to $120
These 4 Measures Indicate That PulteGroup (NYSE:PHM) Is Using Debt Reasonably Well
Wells Fargo Maintains Overweight on PulteGroup, Lowers Price Target to $120
20 Places Where Home Prices Have Increased the Most Since Last Year
Express News | Pultegroup, Inc. : Wells Fargo Cuts Target Price to $120 From $140