Homebuilder ETFs May Get Unexpected Boost
December 23, 2015 at 15:00 PM EST
The housing market and sector-related exchange traded funds have steadily strengthened on moderate home sales and could continue to improve as a gradual rate hike schedule prompts more new home applicants. Year-to-date, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) gained 0.7% and the iShares...