SCHERTZ, Texas, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest San Antonio-area community, Toll Brothers at Windborne, is coming soon to Schertz, Texas. This Toll Brothers neighborhood will include a collection of modern single-family homes on expansive 100-foot-wide home sites just a 20-minute drive from downtown San Antonio. The community, located at Graytown and Ivy Manor in Schertz, is anticipated to open for sa ...

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks are sliding for the second session in a row and pulling back from their record close on Monday. The AI trade carried the market to record highs, but there's some profit-taking and pushback on Wednesday, with some of the best-performing stocks for the month giving back a portion of their gains. For example, Oracle and Micr ...

New home sales unexpectedly surged to their highest level in over 3.5 years in August. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 800,000 last month. ...

U.S. equities experienced a notable pullback in afternoon trading on Wednesday, September 24, 2025, as a robust multi-day rally lost momentum. Major indexes drifted lower, with investors taking profits and digesting recent comments from Federal Reserve Chair Jerome Powell regarding elevated asset valuations. While the broader market saw a pause, specific sectors and individual stocks demonstrated significant movements, highlighting ongoing themes of artificial intelligence investment and shifting economic s ...

[Music] We're back on Morning Trade Live. We'll get a closer look at the home building segment after the close when KB Home reports its earnings. Analysts are expecting adjusted EPS of $150 for the third quarter with revenue checking in at 1.6% billion.Shares are down 2% this year and you can see here most of the group has struggled as mortgage rates have remained high. Of the major names in the space, only Dr. . Horton and Toll Brothers are up more than 10% in 2025.Let's go inside out on KB Home ahead of e ...

Sales of new US single-family homes surged in August, but the boost from declining mortgage rates could be limited by a weakening labor market.New home sales shot up 20.5% to a seasonally adjusted annualized rate of 800,000 units last month, the Commerce Department’s Census Bureau said on Wednesday. The sales pace for July was revised higher to a rate of 664,000 units from the previously reported pace of 652,000 units.New home sales shot up 20.5% to a seasonally adjusted annualized rate of 800,000 units las ...

But first, new home sales just crossing. Diana Ol has those numbers for us. Diana, >> David, a massive beat on new home sales.800,000 seasonally adjusted annualized rate in August. The street was looking for 650. This is up 20.5% from July and up 15.4% from August of 2024.Now, we've been talking about mortgage rates, of course, uh, forever and they didn't come down in August. These numbers are based on signed contracts. So, people out shopping in August when the 30-year fix had not started its steep drop th ...

KB Home ( KBH ) (-0.05%) just reported earnings, showing a decline in home deliveries and home sale prices. The company also downgraded its guidance; it previously forecast $6.3 billion to $6.5 billion in revenue. It now sees $6.1 billion to $6.2 billion.Needless to say, investors want a piece of that growth. Nothing irrational about that, even if the premiums are getting a little hefty. Seems the only thing it's stirring is movement from individual stocks to more diversified ETF products:This is still anal ...

Let's get to Kevin Green who joins us now uh for the data download and we've got new home sales coming out. Kevin, what are you seeing there >> than the streets expectations if you're kind of looking at the new home sales for August. That actually came in at 800,000.She was looking for around 650,000. And we did actually see a revision to the upside uh for June or July's actual print as well. Previously was 652.That got revised up to 664. So, you're seeing a pull forward here or a massive uptick when it com ...

Sales of new homes posted an unexpected jump in August as builders ramped up discounts and slashed prices to lure buyers. ...