|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.31 - 38.52|
|52 Week Range||30.92 - 39.50|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
The U.S. housing market lost momentum after Hurricanes Harvey and Irma damaged properties in Texas and Florida.
The SPDR S&P Homebuilders ETF XHB, a fund tracking equities in the housing sector, were falling nearly 1% following the Central Bank's decision.
Sales of previously owned homes fell to the lowest point in a year in August, according to a Wednesday report from the National Association of Realtors. Lawrence Yun, chief economist at NAR, notes that hurricane Harvey likely did have an impact on closings. Sales have been unable to break out because there are simply not enough homes for sale.