Thu, Apr 24, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Residential property Watch more

US: The fake housing recovery

Posted on 21 March 2012

When is a homebuilder not a homebuilder? When it’s in an index of homebuilder stocks, of course! The SPDR S&P Homebuilders (XHB) exchange traded fund has surged this year, leading many to speculate that the housing market has really, honestly, we’re not fooling around this time, cross our hearts and hope to die, bottomed.
The builders ETF is up a stunning 26% already this year. But here’s the thing. A big chunk of the companies in the fund that are doing well are not really builders………………………………………..Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930