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September 01, 2020 1:33pm
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With High Demand and Low Supply, Homebuilder ETFs Strengthen

Homebuilder stocks and sector-related exchange traded funds gained Friday as U.S. existing-home sales hit their highest level in 14 years, reflecting the ongoing strength in the housing market. On Monday, the iShares U.S. Home Construction ETF (NYSEArca: ITB) increased 0.9%, SPDR S&P...
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