Homebuilder ETFs Go Wild

By
Devon Layne
December 03, 2012
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Throughout November, positive housing market data pointed toward a recovery for the sector, which fueled a rally in homebuilder ETFs, according to an article on the Wall Street Sector Selector.

The recovery may last a while longer. The NAHB’s Homebuilders Confidence Index rose to its highest level since March 2007, and the September report on construction spending stated a 0.6 percent increase, the article said.

If you’re looking to gain exposure to the housing market recovery, consider starting with these homebuilder ETFs:

  • iShares Dow Jones US Real Estate Index Fund (NYSEArca: IYR)
  • iShares Dow Jones US Home Construction Index Fund (NYSEArca: ITB)
  • SPDR S&P Homebuilders ETF (NYSEArca: XHB)

 

Head over to WallStreetSectorSelector.com for more details.

 

ETF DAILY DATA

'SPY' lost $2.48 billion on Wednesday, Jan. 28, as net outflows and a lower stock market pulled total U.S.-listed ETF assets below $2 trillion.

'SPY' paced SSgA's issuer-leading outflows on Wednesday, Jan. 28, as net outflows and falling stocks pulled total U.S.-listed ETF below $2 trillion.

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