Existing Home Sales Climb in November: What's in for Homebuilders? [Yahoo! Finance]
NVR, Inc. (NVR)
Last nvr, inc. earnings: 4/23 09:00 am
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Source: Yahoo! Finance
home sales in the United States rose in November on a month-over-month and year-over-year basis. The optimism surrounding the Fed rate cuts, mortgage rate stability and job market improvements drove the housing market. Knowing the Numbers On Dec. 19, NAR reported that existing home sales in November 2024 witnessed growth of 4.8% from October and 6.1% from the prior year, settling at a seasonally adjusted annual rate of 4.15 million. This month's year-over-year gain was the largest since June 2021 (about 23%). The growth trend reflects that homebuyers are adjusting themselves to the new normal mortgage rate benchmark and the dropping Fed interest rates amid the sticky inflation rate. The month-over-month increase in November's numbers was driven by advanced sales trajectory in the Northeast, Midwest and South regions of the United States, even though sales in the West region remained flat. Notably, on a year-over-year basis, sales were up across all four regions of the country. T
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NVR
News
- NVR, Inc. (NYSE: NVR) had its price target lowered by analysts at JPMorgan Chase & Co. from $9,820.00 to $9,245.00. They now have a "neutral" rating on the stock.MarketBeat
- NVR, INC. ANNOUNCES SHARE REPURCHASE AUTHORIZATIONPR Newswire
- Here's Why NVR (NVR) Rose in Q3 [Yahoo! Finance]Yahoo! Finance
- The U.S. is short millions of housing units. Mass deportations would make it worse. [USA TODAY]USA TODAY
- NVR, Inc. (NYSE: NVR) was downgraded by analysts at Seaport Res Ptn from a "strong-buy" rating to a "hold" rating.MarketBeat
NVR
Earnings
- 10/22/24 - Miss
NVR
Sec Filings
- 12/12/24 - Form 8-K
- 12/11/24 - Form 4
- 11/26/24 - Form 4
- NVR's page on the SEC website