Case-Shiller: Just Being Less Poor In Housing Prices (XHB)

Share This Article
April 28, 2009 9:21am NYSE:XHB

home-buildersThere is some good news on the housing front, although this “good news” may only be a relative issue and we are having to go back to February in this data.  The S&P/Case-Shiller home-price index for February did stay on path for its neverending slide, but the good news is that the record declines were broken after 16 months.  The report showed that 15 of the 20 major metropolitan areas posted average sale price declines of 10% or more and housing prices on a national average look more similar to 2003 levels.  The SPDR S&P Homebuilders ETF (NYSE: XHB) is down 1.4% at $13.37 so far this morning.

Full Story:  http://247wallst.com/2009/04/28/case-shiller-just-being-less-poor-in-housing-prices-xhb/



9 "BUY THE DIP" Growth Stocks For 2020

Read Next



Get Free Updates

Join over 50,000 investors who get the latest news from ETFDailyNews.com!

Most Popular



Explore More from ETFDailyNews.com

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again!

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories