The homebuilder ETFs are outperforming the market so far this year with gains of about 15% compared to the 9% rise for the S&P 500. [Why Homebuilder ETFs are Holding Their Own]
“This spring we expect to see continued forward momentum in the housing market as excess inventory is absorbed and low-cost mortgage debt becomes more prevalent,” said John Tashjian, principal at Centurion Real Estate Partners, in the Reuters article. “A strong spring housing season will be a critical indicator toward predicting growth in the housing market for 2012.”
SPDR S&P Homebuilders
