Philip Ng, Jefferies senior building products analyst, joins ‘Power Lunch’ to discuss the outlook for home builders and the impact from inflation on them.
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By this point, the information should be second nature: Aging in place is an increasingly common desire among homeowners who want to save money, avoid costly assisted-living facilities, stay connected to their communities or all of the above. As the preference grows, one group — homebuilders — is uniquely positioned to address these desires and…
CNBC’s Diana Olick joins ‘The Exchange’ to discuss the latest reports on mortgage rates.
U.S. home-price appreciation continued to slow in July, a trend that is expected to continued through next summer, according to CoreLogic data released this week. National home prices were virtually flat compared to June and rose 4.3% year over year in July. Stagnant prices during the typically busy summer home-buying season are unusual, CoreLogic reported,…