Soft options activity for Toll Brothers suggests potential volatility trade opportunity

From Barchart: 2024-12-16 13:30:02

In the latest housing market news, home prices in the US have continued to rise, with the median home price reaching $350,300 in June 2021, according to the National Association of Realtors.

Despite the rising prices, mortgage rates have remained historically low, with the average 30-year fixed-rate mortgage sitting at 2.86% in August 2021, making homeownership more affordable for many buyers.

However, the low inventory of homes for sale continues to be a challenge for buyers, with the number of homes for sale down 12% year-over-year in July 2021, according to Realtor.com.

As the housing market remains competitive, experts recommend that buyers work with a real estate agent to navigate the market and be prepared to act quickly when they find a home they love.



Read more at Barchart: Unusually Soft Options Activity for Toll Brothers (TOL) Opens Up a Volatility Trade