Homebuilder ETFs Could Be Falling Apart as Construction Sentiment Plunges
November 19, 2018 at 14:44 PM EST
Homebuilder stocks and sector-related ETFs may be stuck in a mire as slowing demand among home buyers and a steep drop in housing starts drag down sentiment. On Monday, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) slipped 0.5%, iShares U.S. Home Construction ETF (NYSEArca: ITB) decreased 0.1%...