Homebuilders ETF And Existing Sales Begin To Wilt
September 24, 2008 at 15:00 PM EDT
The wilting housing market is showing no signs of life, as existing home prices fall and real estate- and home construction-related exchange traded funds (ETFs) stall out. As of August, the United States suffered a record drop in the price of existing homes as the sales pace slowed and the overstock of homes got smaller, reports [...]