Core Viewpoint - Century Communities, Inc. will release its third quarter 2025 financial results on October 22, 2025, followed by a conference call to discuss the results and recent events [1]. Company Overview - Century Communities, Inc. is a leading national homebuilder and recognized industry leader in online home sales, operating in 16 states and over 45 markets across the U.S. [2] - The company has been named one of America's Most Trustworthy Companies for three consecutive years and one of the World's Most Trustworthy Companies in 2025 [2]. - Century Communities is also recognized as one of U.S. News & World Report's Best Companies to Work For for 2025-2026 [2]. - The company engages in all aspects of homebuilding, including land acquisition, development, construction, marketing, and sales [2]. - It offers additional services such as mortgage, title, insurance brokerage, and escrow through its subsidiaries [2].

Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Windborne in Schertz, Texas, expected to open for sale in fall 2025 [1][2] - The community will feature modern single-family homes on 100-foot-wide lots, with prices starting from the low $500,000s [2][4] Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and is a Fortune 500 Company, founded in 1967 and publicly traded since 1986 [8] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of housing options for different buyer demographics [8] Community Features - Toll Brothers at Windborne will offer one- and two-story floor plans with 3 to 5 bedrooms, including first-floor primary suites and outdoor living spaces [2][4] - The community will include amenities such as a park, walking trails, and a playground, and is conveniently located near military bases and local shops [5]

Market Overview - Stocks are experiencing a decline for the second consecutive session, pulling back from record highs achieved on Monday, primarily due to profit-taking and market pushback [1] - The AI trade had previously driven the market to record levels, but some of the best-performing stocks are now giving back a portion of their gains, with Oracle and Micron leading the tech sector down [1] Meta Platforms - Meta Platforms' CEO Mark Zuckerberg announced that Instagram has reached 3 billion monthly active users, surpassing both Facebook and WhatsApp, which also crossed the 3 billion mark earlier this year [1] - Instagram's growth in engagement is attributed to the focus on Reels, a short-form video feature, and the use of artificial intelligence to enhance recommendation systems, leading to increased time spent on the app [1] - Meta is making changes to the Instagram app to prioritize private messaging and Reels, and is testing features that allow users to open directly into Reels, indicating a strategy to optimize user engagement and maximize advertiser returns [1] Upcoming Reports and Economic Data - KB Home is set to report earnings after the market closes on Wednesday, while Accenture and Jabil will report before the market opens on Thursday [1] - A range of economic data will be released on Thursday, including the third read on second-quarter GDP, durable goods orders, and existing home sales, alongside initial jobless claims which provide insights into the labor market [1] - Recent trends show that bond yields have risen following a significant drop in initial jobless claims, which has impacted stocks like Home Depot that are reliant on lower interest rates to stimulate housing demand [1]

Core Insights - New home sales in August reached their highest level in over 3.5 years, indicating a strong recovery in the housing market [1] - The seasonally adjusted annual rate of new home sales was reported at 800,000 units last month, reflecting a significant increase [1] Industry Summary - The surge in new home sales suggests a positive trend in the real estate sector, potentially driven by favorable economic conditions and consumer confidence [1] - This increase may impact related industries, including construction, home improvement, and mortgage financing, as demand for new homes rises [1]

Market Overview - U.S. equities experienced a pullback on September 24, 2025, after a multi-day rally, with major indexes drifting lower as investors took profits and digested comments from Federal Reserve Chair Jerome Powell regarding elevated asset valuations [1][3] - The S&P 500 was down 0.3% to close at 6,656.92, following a 0.6% decline on Tuesday, while the Nasdaq Composite fell 0.4% to 22,573.47, and the Dow Jones Industrial Average decreased by 0.2% to 46,292.78 [2] Sector Performance - The Energy sector rose by 2% on September 24, supported by a 2% increase in West Texas Intermediate crude oil futures, which reached $64.75 per barrel [4] - The Information Technology and Materials sectors were among the worst performers, both down approximately 1% in afternoon trading, reflecting a broader pullback in growth-oriented assets [5] Company News - Micron Technology (MU) saw a decline of roughly 4% despite reporting record quarterly sales, attributed to profit-taking after a substantial year-to-date gain of 97.7% [13] - Alibaba (BABA) shares surged nearly 9% after announcing plans to increase its AI infrastructure budget beyond $53 billion, indicating strong investor interest in AI investments [13] - Freeport-McMoRan (FCX) plummeted over 10% after lowering its third-quarter sales outlook for copper and gold, alongside a tragic incident in Indonesia [13] - Boeing Co. (BA) gained 2% following an $8 billion agreement to deliver 22, 787 Dreamliners to Uzbekistan Airways [13] - uniQure (QURE) experienced a remarkable surge of 241% after releasing positive results from its Huntington's gene therapy [13] - Nike (NKE) shares are trading just under $71, with analysts anticipating significant price increases ahead of its upcoming quarterly update [13] - Adobe (ADBE) shares fell after a downgrade from Morgan Stanley to 'Equal-Weight' [13] Upcoming Market Catalysts - Investors are monitoring the upcoming release of the U.S. core Personal Consumption Expenditures (PCE) price index on September 26, which is a key inflation gauge [7] - Flash Purchasing Managers' Index (PMI) surveys and revised U.S. GDP numbers are also on the economic calendar, providing insights into economic growth and inflation trends [7][9]

“I like controlling my own future,” says the former Florida state legislator turned homebuilding mogul.https://t.co/uRyy5CqWwLhttps://t.co/uRyy5CqWwL ...

Core Viewpoint - The home building sector, particularly KB Home, is facing challenges with declining sales and margins, leading to a negative outlook for earnings in the near term, with expectations for a turnaround not anticipated until 2026 at the earliest [3][6][7]. Company Summary - KB Home is expected to report adjusted EPS of $1.50 for Q3, with revenue projected at $1.6 billion [1]. - The company has struggled with sales pace and has overbuilt spec supply, resulting in a year-to-date price decline of approximately 10% [3]. - The earnings and orders for KB Home are expected to be down year-over-year due to these challenges [3][6]. Industry Summary - The home building industry has been negatively impacted by high mortgage rates, with most builders, including KB Home, experiencing margin compression [3][11]. - Builders have been competing by cutting prices and offering incentives, such as below-market mortgage rates, to attract buyers [7][8]. - The recent Fed rate cut of 25 basis points has not significantly affected the market, as many builders have already been offering lower rates throughout the year [8][9]. - Builders focused on build-to-order rather than spec homes are better positioned to manage margin pressures, with those serving entry-level markets facing the greatest challenges [11][12][13].

Core Insights - New home sales in the US increased significantly by 20.5% in August, reaching a seasonally adjusted annualized rate of 800,000 units, indicating a strong demand in the housing market [1][5] - The decline in mortgage rates, attributed to the Federal Reserve's monetary policy easing, has contributed to this surge in new home sales [2][3] - However, the labor market is showing signs of weakness, which may limit the sustainability of this growth in home sales [4] Sales Performance - New home sales rose to an annualized rate of 800,000 units in August, a notable increase from the revised July rate of 664,000 units [1][5] - Year-over-year, new home sales increased by 15.4% in August, reflecting a positive trend in the housing sector [2] Mortgage Rates - The Federal Reserve cut its benchmark overnight interest rate by 25 basis points to a target range of 4.00%-4.25%, with expectations of continued reductions through 2025 [3] - The average rate for a 30-year mortgage fell to 6.26%, the lowest in 11 months, down from approximately 7.04% in mid-January [3] Labor Market Conditions - The labor market has softened, with nonfarm payroll gains averaging only 29,000 jobs per month over the three months leading to August, a decrease from 82,000 jobs during the same period last year [4]

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 that ...

Core Insights - New home sales in August reached an annualized rate of 800,000, significantly exceeding the expected 650,000, marking a 20.5% increase from July and a 15.4% increase from August 2024 [1][5]. Sales and Pricing - The average price of a new home sold in August was $413,500, which is 4.7% higher than July and 1.9% higher than August 2024 [3][4]. - Despite high mortgage rates in August, which were over 6.5%, the sales numbers indicate strong demand, suggesting buyers were active in the market prior to the anticipated drop in rates [2][4]. Inventory and Builder Sentiment - The inventory of new homes has decreased to a 7.4-month supply from a 9-month supply in July, indicating a tightening market [4][5]. - Builder sentiment remains low despite the increase in sales and prices, suggesting potential underlying challenges in the market [5].