Low Rates, Affordable Housing Fuel Homebuilder ETF Rally
December 26, 2019 at 16:01 PM EST
Homebuilder stocks and sector-related exchange traded funds have surged this year, rebounding to their previously record highs, as a return to a low-interest rate environment and rising housing starts helped fuel new home sales. Year-to-date, the SPDR S&P Homebuilders ETF (NYSEArca: XHB)...