Mortgage rates have risen sharply to about 7.4%, causing a significant slowdown in the housing market, with housing starts down 7.4% year-over-year and pending sales at a 25-year low. Unlike the 1970s when rates topped 15% but the market still boomed, today's market is constrained by rising long-term Treasury yields that keep mortgage costs high and home prices that continue to rise, reducing affordability. Tighter credit standards and expectations that rates won't fall further also deter buyers. The market's recovery depends on either a drop in long-term yields or a correction in home prices, with signals expected by spring 2027.
The story on mortgage rates and the housing market slowdown provides context for real estate sector trading on Pluang. As of Oct 22, 2026 03:42 WIB, out of 47 priced US real estate stocks, 13 rose while 34 fell. Orion Office REIT Inc (ONL) gained 5.39% with a typical hold time of 34 days, contrasting with KE Holdings Inc (BEKE) which dropped 4.04% despite 100% buy order activity and a shorter hold time of 24 days, and Crown Castle International Corp (CCI) which fell 3.39% with a longer hold time of 91 days.
Brown & Brown, Inc. announced a 9% increase in its quarterly cash dividend to $0.18 per share, payable on November 11, 2026, to shareholders of record as of November 4, 2026. This marks the company's 33rd consecutive year of dividend increases, refle...
Axe Compute Inc. announced that its Compensation Committee approved stock option grants totaling 100,000 shares to three newly hired non-executive employees as inducements for joining the company. The options were granted on October 15, 2026, with an...
StorageVault Canada Inc. announced a 9.0% increase in year-to-date revenue and an 8.7% rise in net operating income (NOI) for Q3 2026, with adjusted funds from operations (AFFO) up 7.8%. Despite a challenging economic environment, strong customer dem...
National Healthcare Properties (NHP) announced that Lindsay Gordon, its Executive Vice President and Head of Senior Housing, has been elected to the executive board of the American Senior Housing Association (ASHA). ASHA is a leading national organiz...
Akzo Nobel reported Q3 2026 earnings with revenue of $2.85 billion and EPS of $0.38, both below analyst estimates of $2.96 billion and $0.42 respectively. Despite these misses, the company's core profit exceeded expectations, indicating underlying st...
