20 Sep 2025 | 5 Mins Read
US housing shares lead market gains as Fed restarts rate cuts
Flipitmoney
The US Federal Reserve cut interest rates for the first time since December, aiming to boost a shaky labor market and the struggling housing sector. Homebuilder stocks, such as DR Horton, KB Home, and Toll Brothers, have perked up, increasing 15% in the PHLX Housing index, while megacap tech stocks hold a 13% year-to-date gain in the S&P 500. Mortgage rates have fallen to 6.39%.