Existing Home Sales Plunge to 3-Year Low, Pushing ‘DRV’ Higher
February 21, 2019 at 13:00 PM EST
Existing U.S. home sales hit their lowest level in three years last month, according to the National Association of Realtors (NAR), which boosted the Direxion Daily MSCI Real Est Bear 3X ETF DRV ( DRV B- ) by as much as 2.7 percent on Thursday.