According to the National Association of Realtors, the low supply actually weighed on existing home sales in March, reports Julie Schmit for USAToday. Total existing home sales dropped 0.6% in March, but sales were still 10.3% higher year-over-year.
Other homebuilder ETFs include:
- iShares Dow Jones US Home Construction Index Fund (NYSEArca: ITB): up 6.7% year-to-date
- PowerShares Dynamic Building & Construction Portfolio (NYSEArca: PKB): up 8.4% year-to-date
SPDR S&P Homebuilders ETF
For more information on homebuilders, visit our homebuilders category.
Max Chen contributed to this article.
