With High Demand and Low Supply, Homebuilder ETFs Strengthen
January 25, 2021 at 06:00 AM EST
Homebuilder stocks and sector-related exchange traded funds gained Friday as U.S. existing-home sales hit their highest level in 14 years, reflecting the ongoing strength in the housing market. On Monday, the iShares U.S. Home Construction ETF (NYSEArca: ITB) increased 0.9%, SPDR S&P...