Biggest Construction Boom Since 2006; Best 2 Weeks For Rates in a Year

Residential construction recovered in March after a serious decline the prior month. The U.S. Census Bureau and Department of Housing and Urban Development said all three measures rose, with housing starts hitting a 15 year high . Some regional increases topped 100 percent. Permits for residential construction were issued at a seasonally adjusted annual rate of 1.766 million in March, a 2.7 percent increase from February’s rate of 1.720 million. The latter is an upward revision from the 1.682 million permits originally reported for February, erasing some of the near 11 percent loss originally reported. The permitting rate for the month was 30.2 percent higher than in March 2020. There was some disagreement among analysts polled by Econoday and Trading Economics in forecasting the month’s results
Biggest Construction Boom Since 2006; Best 2 Weeks For Rates in a Year
Biggest Construction Boom Since 2006; Best 2 Weeks For Rates in a Year

Big bull call on the homebuilders

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The "Halftime Report" traders debate Wells Fargo's bullish call on the homebuilders

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Big bull call on the homebuilders
Big bull call on the homebuilders

Fed Gov. Waller: Inflation could run at 2.5% for 2021

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Federal Reserve governor Christopher Waller joins CNBC's Steve Liesman to discuss the economy and the Fed's response to the pandemic.

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Fed Gov. Waller: Inflation could run at 2.5% for 2021
Fed Gov. Waller: Inflation could run at 2.5% for 2021

The 9am Bond Report – April 16, 2021

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The 9am Bond Report – April 16, 2021
The 9am Bond Report – April 16, 2021

March housing starts surged 19.4%, vs 14% increase expected

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The Commerce Department said March housing starts surged 19.4%, beating estimates. Building permits gained 2.7%, falling short of expectations. CNBC's Rick Santelli and Diana Olick break down the data.

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March housing starts surged 19.4%, vs 14% increase expected
March housing starts surged 19.4%, vs 14% increase expected

Dip in 10-year Treasury yield seems to be technically driven, strategist says

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The Dow closed at a new all-time high Thursday at the same time interest rates fell. Gabriela Santos, global market strategist at J.P. Morgan Asset Management, and Jake Walthour, CEO and co-founder of Blueprint Capital Advisors, joined "Squawk Box" on Friday to discuss whether it's time for investors to rotate.

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Dip in 10-year Treasury yield seems to be technically driven, strategist says
Dip in 10-year Treasury yield seems to be technically driven, strategist says

Home Is Where the Heart Is [INFOGRAPHIC]

Home Is Where the Heart Is [INFOGRAPHIC] | Simplifying The Market

Home Is Where the Heart Is [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year.
  • The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic.
  • Owning a home provides a sense of safety, security, and accomplishment. Let’s connect to move your homeownership goals forward today.

Home Is Where the Heart Is [INFOGRAPHIC]
Home Is Where the Heart Is [INFOGRAPHIC]

Lowest Rates in Weeks; Buyer Demand Provides Modest Boost to Builder Confidence

New home builders seem to be slowly getting their mojo back. After recovering from the hit they took in the first days of the pandemic, they encountered labor shortages, supply chain issues, and rising material costs. The National Association of Home Builders (NAHB) said that builder confidence in the new home market, driven by strong buyer demand, ticked up slightly this month with the NAHB/Wells Fargo Housing Market Index (HMI) rising 1 point to 83. It is still down by 7 points from the all-time high it reached in November. Robert Dietz, NAHB’s chief economist, said builders continue to face challenges in order to add much needed new homes to the market. While mortgage interest rates have trended higher since February and home prices continue to outstrip inflation, housing demand appears
Lowest Rates in Weeks; Buyer Demand Provides Modest Boost to Builder Confidence
Lowest Rates in Weeks; Buyer Demand Provides Modest Boost to Builder Confidence

Brokers warn that Florida real estate market is overheated

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CNBC's Robert Frank reports on how the real estate market in Florida could be signaling a possible slowdown as supply fails to meet the demand for houses.

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Brokers warn that Florida real estate market is overheated
Brokers warn that Florida real estate market is overheated

Estimated tax payments are still due on April 15: IRS

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CNBC's Sharon Epperson breaks down how tax day has been extended and what that means for taxpayers.

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Estimated tax payments are still due on April 15: IRS
Estimated tax payments are still due on April 15: IRS