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The SPDR S&P Homebuilders ETF has jumped more than 50% year-to-date, while the iShares US Home Construction ETF has surged nearly 70%. Individual builder stocks are up too.
The U.S. housing market continues to struggle with limited inventory conditions that are causing a delay in timely deliveries.
Homebuilder stocks gained Thursday after the Federal Reserve signaled it would cut interest rates three times this year. The SPDR S&P Homebuilders ETF rose 2.5%, more than the S&P 500’s 0.64% ...
So far this year, the SPDR S&P Homebuilders ETF has gained over 48% — and the rally in homebuilder stocks is expected to continue, albeit in a "calmer" fashion, as BTIG's Carl Reichardt ...
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The SPDR S&P Homebuilders ETF is up over 19% this year against a 17.5% gain for the S&P 500. Toll Brothers stock has done even better, rising 37% in 2024. Toll Brothers stock has done even better ...
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