By: ETF Trends
January 28, 2013 at 10:20 AM EST
Builder ETFs Slip After Pending Home Sales Miss
Homebuilder ETFs such as iShares DJ US Home Construction (NYSEArca: ITB) and SPDR S&P Homebuilders ETF (NYSEArca: XHB) dropped nearly 2% in morning trading Monday after the National Association of Realtors said pending home sales fell 4.3% last month. “The supply limitation appears to be...
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