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ETFs for the (slowly) improving housing market

Posted on 21 January 2011

From Etftrends.com: December’s jump in existing home sales has given exchange traded fund (ETF) investors cause for a little more optimism. But is it really time to dive in now? Existing home sales jumped 12.8% last month. That’s stellar, especially when you consider that this was all in the midst of the East Coast’s “snowpocalypse.”
Building permits for new homes rose 5.5% in December. It was the third largest monthly increase and the biggest jump since last March……………………………………….Full Article: Source


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


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