Homebuilder ETFs Strengthen as Existing-Home Sales Surge
August 21, 2020 at 14:32 PM EDT
Homebuilder sector-related exchange traded funds were among the standout areas of the market on Friday after U.S. existing-home sales surged in July to its highest rate since 2006. On Monday, the iShares U.S. Home Construction ETF (NYSEArca: ITB) increased 1.5%, SPDR S&P Homebuilders ETF...