Economic Fudamentals Support Homebuilder ETFs
April 01, 2015 at 08:00 AM EDT
Home construction-related exchange traded funds are outperforming the markets as upbeat housing data and an optimistic spring outlook help buttress homebuilders. The SPDR S&P Homebuilders ETF (NYSEArca: XHB) was up 0.6% Tuesday and iShares U.S. Home Construction ETF (NYSEArca: ITB) gained 0.3%...