September 25, 2012 at 10:06 AM EDT
Builder ETF Highest Since 2007 as Home Prices Continue Recovery
SPDR S&P Homebuilders ETF (NYSEArca: XHB) is up more than 50% so far this year to its highest level since 2007 as the latest data on home prices released Tuesday shows the housing market continues to recover. The S&P/Case-Shiller 20-City Composite index rose 1.2% in July from a year ago....
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