Home Builder Stocks Are on Losing Streak

Core Viewpoint - Investors are becoming less optimistic about housing demand following a series of downgrades in the home-building sector [1][2] Group 1: Market Performance - The iShares U.S. Home Construction exchange-traded fund, which tracks home-building companies, decreased by 2.6% to $101.06, indicating a potential lowest close since August 1 [1] Group 2: Builder Margins - There is a lack of signs indicating that builders' margins, which have been pressured due to the need for incentives and price cuts, are stabilizing [2] - Evercore analyst Stephen Kim downgraded six builders earlier this week, reflecting the ongoing challenges in the sector [2]