ETF Trends
ETF Trends

More signs of life in the real estate sector and exchange traded funds (ETFs) are becoming apparent. The latest signal is from homebuilder D.R. Horton (NYSE: DHI), which said it notched a profit in its fiscal second quarter on a 19% increase in finished sales. A 55% spike in new orders was also reported. Of course, today is the last day for the government’s tax credit, so we’ll soon find out how much of the real estate market’s strides are the result of incentives:

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.