This article was originally published on ETFTrends.com.
Disappointing housing data is plaguing homebuilders stocks and the related exchange traded funds, including the SPDR S&P Homebuilders ETF (NYSEArca: XHB). The housing market took a blow today as the Department of Commerce reported that U.S. homebuilding fell to a nine-month low in June while building permits declined for a third straight month. In addition, […]
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