Will Low Industry Sentiment Topple Homebuilder ETFs?
This article was originally published on ETFTrends.com.
The one-two punch combination of rising rates and low affordability continues to pound the housing industry as the National Association of Home Builders/Wells Fargo Housing Market Index, a key measure of homebuilder confidence, dropped eight points in November, but can this sustained attack topple homebuilder exchange-traded funds (ETFs)? Following the latest reading, homebuilder ETFs were [...]