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XBI ▲ +0.2% - State Street SPDR S&P Biotech ETF
XBI ▲ +0.2% - State Street SPDR S&P Biotech ETF
$XBI U.S. HOME PRICES POST FASTEST GROWTH IN A YEAR U.S. home prices rose 3.7% year-over-year in August, the strongest annual increase in a year, according to Redfin. Prices increased just 0.25% month-over-month, continuing a gradual slowdown in monthly growth. San Francisco led with a 12% annual gain, while Dallas recorded the largest decline at 1.4%. Redfin says slower monthly growth is giving buyers more room to negotiate.
The headline about U.S. home prices has no connection to biotech stocks or the $XBI ETF, which invests in biotechnology companies. $XBI moved up 0.2% today; the home price data provided does not explain this movement.
22-SEP-2026 08:05 AM ET
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