Live China retaliated with 34% tariffs on US goods, while Trump vows his policies will 'never change.' Toronto - Free Realtime Quote • CAD iShares S&P/TSX Capped Information Technology Index ETF (XIT.TO) Follow 56.30 -2.34 (-3.99%) As of 10:08:16 AM EDT. Market Open. Related ETF News Advice for homebuyers in market 'defined by economic uncertainty' As pricing challenges facing potential home buyers persist alongside elevated mortgage rates, Sotheby's International Realty global real estate advisor Jenna Stauffer joins Wealth to discuss the current US housing market and share tips for prospective buyers. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Homeowners insurance claimants aren't so happy: J.D. Power A new J.D. Power survey found customer satisfaction with homeowners insurance claims to be falling, characterized by slow response and repair times, rising premiums, and increasing frequency of devastating weather events. J.D. Power Director of Insurance Intelligence Mark Garrett discusses the trends occurring within the insurance industry as claims become a significant "pain point" for customers. To watch more expert insights and analysis on the latest market action, check out more Wealth here. How the US housing market is pricing in Trump's tariffs US existing home sales unexpectedly surged by 4.2% in February, as reported by the National Association of Realtors (NAR), when the figure was expected to fall by 3.2% month-over-month. Uncertainty continues to loom around the housing market over elevated mortgage rates and the threat of President Trump's tariffs on homebuilding materials. Mortgage Bankers Association (MBA) chief economist Mike Fratantoni explains the pressures tariff policies is putting on homebuilders and homebuyers alike. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Housing data recap: Existing home sales, new builds, and more Yahoo Finance Senior Housing Reporter Dani Romero outlines what we learned about the housing market this week, including the rise in housing starts and existing home sales as well as falling homebuilder sentiment and increases in mortgage rates. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Homebuilder Lennar issues weak Q2 outlook Homebuilder Lennar (LEN) stock slips ahead of Friday's market close after issuing weak fiscal second quarter outlook, overshadowing the company's fiscal first quarter earnings and revenue beat. Market Domination hosts Julie Hyman and Josh Lipton dive into Lennar's latest figures. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. US existing home sales surged 4.2% in February: What to know US existing home sales unexpectedly surged by 4.2% in February, as reported by the National Association of Realtors (NAR), when the figure was expected to fall by 3.2% month-over-month. Realtor.com chief economist Danielle Hale comes on Wealth to speak on February's home sales data and home prices' relationship to US mortgage rates ahead of the spring buying season. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Mortgage rates inch higher as rent prices ticked up in January US mortgage rates moved just a smidge higher this week, as reported by Freddie Mac, with the 30-year fixed-rate mortgage ticking up from 6.65% to 6.67% while the 15-year mortgage rate inched up to 5.83%. Yahoo Finance senior housing reporter Claire Boston highlights the latest mortgage rate data and trends in US rent prices. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Mortgage applications decline over 6% week-over-week: MBA survey Mortgage applications fell by 6.2% in the week ending on March 14, as reported by the Mortgage Bankers Association (MBA). Yahoo Finance senior housing reporter Dani Romero comes on Wealth to comment on how elevated mortgage rates are still weighing on prospective homebuyers and what they mean for long-term affordability challenges. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Turkish Stocks and Lira Tumble After Istanbul Mayor Detained Turkish assets fell sharply Wednesday, after police detained Istanbul mayor Ekrem Imamoglu, a rival of President Recep Tayyip Erdogan. The lira weakened more than 3% against the dollar. It was on pace to settle at a new record low, according to Dow Jones Market Data. Trump cabinet to form affordable housing task force: What to know US housing starts rose 1.5 million in February, an 11.2% increase from the revised January data. US Secretary of Housing and Urban Development (HUD) Scott Turner and Secretary of the Interior Doug Burgum look to form a joint task force to identify federal land where affordable housing can be built upon. National Association of Realtors (NAR) deputy chief economist and vice president of research Jessica Lautz sits down with Wealth host Brad Smith to expand upon what this proposed task force could do and where it could face pushback. She also touches on climate concerns aroun insurance coverage and inventory expectations for the spring homebuying season. To watch more expert insights and analysis on the latest market action, check out more Wealth here. US mortgage rates hold steady as applications are on the rise US mortgage rates remain largely steady this week, according to the latest data from Freddie Mac, as the 30-year fixed rate mortgage ticked slightly higher from 6.63% to 6.65%. Yahoo Finance senior housing reporter Dani Romero joins Brad Smith on Wealth to talk about the latest mortgage print and increases in mortgage applications. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Stock ETFs Waver as Investors Weigh CPI Data, Tariffs Markets rebounded Wednesday on softer inflation data but investors remain on edge as President Trump’s trade war threatens growth. Inflation data is giving 'space for mortgage rates to come down' Mortgage rates are expected to see a slight decrease in the coming weeks, with a target range in the low-6% range by the end of the year. Realtor.com's senior economist Joel Berner joins Wealth host Brad Smith to discuss how the most recent inflation data provides some relief for rates and the ongoing uncertainty in the US housing market, particularly regarding policy and its effects on buyers, sellers, and builders. To watch more expert insights and analysis on the latest market action, check out more Wealth here. February CPI: Shelter inflation rises less than expected February's Consumer Price Index (CPI) report saw inflation rise by 0.2% month-over-month and 2.8% year-over-year, as published by the US Bureau of Labor Statistics (BLS), just below economist expectations of 0.3% monthly and 2.9% annual gains. What does this all mean for shelter inflation and housing costs? Yahoo Finance senior housing reporter Dani Romero comes on Wealth to break down how shelter prices rose 0.3% monthly and 4.2% annually in February, both below economists' expectations, while also examining rent price trends. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Home sellers are now prioritizing ease of sale, Opendoor CEO says Sixty-five percent of first-time home sellers say they would have been willing to accept 20% less to avoid the stress of preparing their home for sale, according to Opendoor (OPEN), an online residential real estate platform. Opendoor CEO Carrie Wheeler joins Wealth with Madison Mills to discuss the state of the current housing market for sellers and buyers. "[Nearly] two-thirds of sellers saying they would have taken something less to avoid the traditional listing process of getting your home ready for sale, staging it, going through the uncertainty of the offer process, exposing yourself to the risk of fall through where one in four buyers are falling through on contract," Wheeler tells Yahoo Finance. The CEO says the finding signals "that while maximizing price for sure is a priority for home sellers, this generation of sellers are also looking to prioritize convenience and certainty, particularly in this market that's been really tough for home sellers." Watch the video above to hear from Opendoor CEO Carrie Wheeler about the housing market, including challenges for buyers, homebuying seasonality, and more. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. This real estate broker expects a 'very strong market' ahead Mortgage rates fell to a new 2025 low as applications rose. Douglas Elliman associate broker, Noble Black, sat down with Madison Mills on Wealth to discuss the state of the US housing market. "Nationally, I think people are looking at a very strong market for at least the next, I think, people are saying 12 to 18 months," Black tells Yahoo Finance. "We've got strong activity, but I think if we can get mortgage rates continuing to go down dramatically, you're going to see a lot more people coming back into the market." Watch the video above to hear more about Noble Black's outlook on the housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Trump's tariffs could benefit this wood-alternative manufacturer US President Donald Trump says he will pause tariffs on imports from Canada and Mexico until April 2. Trex (TREX) CEO and president Bryan Fairbanks joins Asking for a Trend with Julie Hyman and Josh Lipton to discuss the "moving target" that is Trump's tariff policy and how tariffs are expected to impact the company that makes wood-alternative composite decking. "The vast majority of everything that we sell is manufactured in the US, [but] we do have a little bit that's sourced from outside the US [and that] will be subject to tariffs, but it will be immaterial in the whole scheme of things," Fairbanks tells Yahoo Finance. The chief executive explains there may actually be an opportunity for Trex if the tariffs raise lumber prices, driving more consumers to their products: We could see the gap between a composite deck board and a lumber deck board tighten up a little bit." Fairbanks outlines that the smaller the price difference between lumber and Trex's composite material, the more likely consumers are to upgrade from lumber. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan. Mortgage rates move lower, 30-year slips to 6.63% US mortgage rates continue to decline lower as the 30-year fixed-rate mortgage slipped to 6.63% from 6.76% week-over-week, according to Freddie Mac. Yahoo Finance senior housing reporter Claire Boston sits down with Madison Mills on Wealth to talk more about the latest mortgage rate print, outlining what this could mean for buying power from US homebuyers ahead of the spring season. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Homebuilder stocks pop on potential tariff exemptions Homebuilder stocks like Lennar (LEN), Toll Brothers (TOL), and D.R. Horton (DHI) rise as investors consider possible exemptions for US President Donald Trump's tariffs. HousingWire lead analyst Logan Mohtashami joins Wealth with Madison Mills to take a closer look at the housing market and the impact of tariffs. Tariffs will increase material costs for homebuilders, which raises concerns about increased housing costs; Mohtashami says the "concern is [builders are] not going to be building a lot of homes," contributing to ongoing affordability challenges. "For the builders, it's a supply and margin story right now. And they were not happy about anything talking about tariffs," he adds, highlighting low homebuilder confidence. Watch the video above to hear more from the analyst on the current state of the US housing market. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Saint-Gobain NA CEO lays out how industry is navigating tariff risk Construction materials company Saint-Gobain (SGO.PA, CODYY) released its fourth quarter earnings results last week ahead of President Trump's tariffs on Canada, China, and Mexico that took effect at midnight. "So tariffs are clearly an issue because you do have some cross-border trade, of course, in this process. But it's nowhere near as much as other industries that are making products go back and forth," Saint-Gobain North America CEO and president Mark Rayfield tells Julie Hyman and Josh Lipton on Market Domination. Rayfield attributes Saint-Gobain, and its broader materials sector, to navigating some of the tariff pressures due to the fact that not many materials can go very far and are delivered more locally. "The big builders will say we need to manage our cost for some perspective, but they are delinked. I mean, there is a risk that housing prices, which are already at a pretty high affordability aspect for people, will go higher with inflation on products because there are some imported building products and lumber. We don't correlate it to ours. So we aren't looking for a price decrease based on lumber going up." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. Performance Overview Trailing returns as of 4/3/2025. Return XIT.TO Category YTD -14.09% -- 1-Year +9.57% -- 3-Year +12.32% --