Housing Shares Offer Hope

The stock market underwent some tumult last week and early this week but some investors are taking comfort in housing stocks. The housing sector and related industries are still on solid footing. The Homebuilders Exchange Traded Fund is up 9.2 in the year to date. The S& P has fallen 4.3% in the same period. The last few days the housing sector has been showing strength when the rest of the market appears to be breaking down, The housing market appears to be gaining steam and this could offset the weaknesses abroad that have rattled the markets. With the recent corrections in the Stock Market an investment in one of our core industries is a risk worth taking.