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Homebuilder ETFs: Quietly surging ahead

Posted on 02 March 2010

From Etftrends.com: Homebuilders might be the most optimistic people around. Despite a precipitous drop in new home sales in January and assorted other kicks to the chest, homebuilder exchange traded funds (ETFs) have slowly but surely emerged to become one of the top sectors of 2010.

While it hasn’t been a smooth upward trajectory, iShares Dow Jones U.S. Home Construction Index Fund is now touting a year-to-date return of 7.3% and SPDR S&P Homebuilders is up 5.3% this year……………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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