Unprecedented Housing Demand Spotlights Homebuilder ETFs
Unprecedented Housing Demand Spotlights Homebuilder ETFs January 25, 2021 With many Americans working or attending school at home, pandemic-driven demand for a new domicile drove cumulative 2020 home sales to the highest level since 2006, underscoring home-focused ETFs. Record low supply and record high prices are limiting the exceptionally high demand for those would-be homebuyers who are seeking a new residence. Closed sales of existing homes in December gained just 0.7% from November to a seasonally adjusted annualized rate of 6.76 million units, according to the National Association of ...
Source: etftrends.com