Homebuilder ETFs Strengthen as Existing-Home Sales Surge

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...
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