Barron’s cover story talked about a bottom in housing stocks. Weak home sales, growing inventories, dwindling orders and falling prices have all contributed to a weakening housing market. Hardest struck have been the home builders, who are off as much as 65% from last summer’s highs
If you believe housing related stocks have bottomed out or are close to doing so, then take a look at exchange traded funds. You can position yourself using the PowerShares Dynamic Building & Construction Portfolio ETF(PKB).
For more information on PKB, click here
Yaser Anwar is a guest author at ETFtrends & the editor of Investment Ideas by Yaser Anwar blog. The author of this article is not a registered financial advisor & does not give investment advice. This article does not comprise any solicitation to buy or sell securities, ETFs or other investment vehicles.