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Homebuilder ETFs Climb On Thin Foundation As Permits, Sentiment Slide
Wednesday, June 18, 2025 - 2:49pm | 627Homebuilder ETFs posted modest gains Wednesday after a slight uptick in housing starts, but the rally may prove short-lived. During Wednesday afternoon trading, both the iShares U.S. Home Construction ETF (BATS:ITB) and the SPDR S&P Homebuilders ETF (NYSE:XHB) gained over 1%. Markets are...
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Obama Forces GSA to Renegotiate Leases with Landlords Nationwide
Monday, June 14, 2010 - 6:00am | 728At the end of last week, President Obama signed a memo aimed at forcing GSA entities to reign in over $8 billion in building costs collectively by the end of 2012. We all know the Washington D.C. office market is subject to, and at the mercy of, the whims of the government, but...