|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.58 - 38.79|
|52 Week Range||30.92 - 39.50|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Home builder sentiment fell sharply in September, a downturn attributed to uncertainty following the hurricanes. The National Association of Home Builders/Wells Fargo housing market index came in at 64, ...
Wedbush's Jay McCanless takes a look at homebuilders and materials stocks today, writing that he's still bullish on their prospects, thanks to increasing U.S. housing demand and consumer confidence. McCanless expects that rising demand, coupled with insufficient supply of all housing types has more than halved the average time a home stays on the market, to 58 days in July, down from 114 days in January 2012.
Homebuilding and Construction ETFs are expected to benefit from rebuilding required in the aftermath of Hurricanes Harvey and Irma. Here is what investors need to know about these ETFs.