Strong Home Sales Help Homebuilder ETFs Maintain Momentum

With new home sales at a seven-year high and existing home sales at a five-and-a-half year high, the homebuilder sector-related exchange traded fund could be on the verge of breaking out. Year-to-date, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) rose 9.1% and iShares U.S. Home Construction...