A Homebuilder ETF for the Rebounding Housing Market
January 24th 2013 at 3:03pm by Tom Lydon
I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This week, I took a look at the iShares U.S. Home Construction ETF (NYSEArca: ITB). Home sales and confidence in the housing market are steadily rising, but we have not returned to pre-2008 financial crisis highs yet. [Builders Rise on Housing Data]
Click here to listen.
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