Home Sales Hit Eight-Year High, Boost Homebuilders ETFs
July 22, 2015 at 14:30 PM EDT
Homebuilders exchange traded funds jumped Wednesday as the housing market recovery picks up the pace with U.S. sales at an eight-year high. On Wednesday, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) was up 1.9%% and iShares U.S. Home Construction ETF (NYSEArca: ITB) was 2.1% higher....