Homebuilder And Home Construction ETFs Falter At The Real Estate Altar
April 22, 2014 at 18:00 PM EDT
Is the enthusiasm for the real estate market built on a solid foundation? Existing home sales fell in March to its lowest pace since July of 2012. Worse yet, sales have declined for seven out of the previous eight months, ever since the the Federal Reserve signaled its intent to slow the pace of its Treasury bond purchases.