“That followed an annual revision of the seasonal factors for the series going back three years,” it added. “Sales in December actually fell 0.5% from November, instead of the 5% increase reported last month.” [Why Homebuilder ETFs are Holding Their Own]
Builder ETFs have stumbled this week but are outperforming the market in 2012 on hopes the housing market is finally on the mend. Through Feb. 21, iShares Dow Jones U.S. Home Construction Index Fund doubled the return of the S&P 500 with a 17.4% year-to-date gain, according to Morningstar.
SPDR S&P Homebuilders
