Sales of previously owned homes fell 2% in August to 3.98 million units, marking the slowest pace since June 2025 due to higher mortgage rates and elevated home prices. Despite a 4.9-month supply of homes—the highest in over a decade—prices rose 1.6% year over year to a record $429,100 median. Sales declined most in the Northeast and Midwest, with lower-end home sales down 10%, while luxury home sales above $1 million increased by 3.9%. Homes are staying on the market longer, signaling ongoing challenges for buyers.
On September 10, 2026, the Dow Jones, S&P 500, and Nasdaq all declined by 0.4%. The drop was driven by investor worries about rising oil prices and persistent inflation pressures. These factors raise concerns about economic growth and corporate profi...
Designer Brands Inc. reported Q2 earnings of $0.34 per share, beating estimates by 36%, but revenue fell 1.2% year-over-year to $730.63 million, missing expectations. The company improved profitability with an expanded adjusted gross margin of 47.9%,...
The Lovesac Company reported a better-than-expected Q2 earnings per share (EPS) of -$0.35, beating estimates by over 10% and improving from a -$0.45 loss a year ago. Despite this EPS beat, the company's revenue of $161.25 million narrowly missed anal...
Copart, Inc. is set to report its Q3 earnings with analysts expecting an EPS of $0.38, down from $0.41 last year, while revenue is projected to increase slightly to $1.14 billion from $1.13 billion. The company faces headwinds from a weak US market a...
Agree Realty Director Rakolta has purchased 20,136 shares of the company, investing approximately $1.5 million. This insider buying could signal confidence in the company's future prospects. Investors may view this as a positive sign, potentially imp...
