Tag: Homebuilder ETFs
This Is A Good Sign For Homebuilder ETFs
I’m always on the lookout for signs about the housing recovery. Some of those signs are literally signs – For Sale and Open House signs – while others are economic data points. In my neighborhood, I can tell you that housing prices bottomed in early 2011 and climbed steadily higher for nearly three years. But […]
Homebuilder ETF Showdown – XHB, ITB, PKB
Earlier this week, the National Association of Home Builders/Wells Fargo housing-market index rose to 52 in June. It was also the first time the index came in above 50 since 2006. What’s so special about a reading above 50? A reading above 50 indicates builders are optimistic about sales trends. In other words, people on […]
