The ratio of distressed to existing home sales should help stem the decline in home prices. Analysts say the number of non-distressed sales won’t fall as far as the number of distressed sales, as the rate of foreclosures has ebbed.
SPDR D&P Homebuilders (NYSEArca: XHB) and iShares Dow Jones US Home Construction Index Fund (NYSEArca: ITB) are among the sector ETF options for investors.
SPDR D&P Homebuilders
Tisha Guerrero contributed to this article.