Home Construction Report Tears Down ETFs
September 17, 2008 at 15:00 PM EDT
Home construction exchange traded funds (ETFs) are feeling some pain today after housing construction fell to its lowest point in 17 years. The building of new homes and apartments fell by 6.2% in August, a shock to analysts, who were expecting a drop of 1.6%, reports Martin Crutsinger for the Associated Press. The numbers seemed to [...]