Surging New Home Sales Propel Homebuilder Stocks Amid Market Slump: Beyond Expectations!

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According to data on new home sales, the homebuilder sector experienced a boost, which caused it to edge higher on Tuesday. This occurred despite the broader stock market experiencing a selloff. The iShares U.S. Home Construction exchange-traded fund ITB increased slightly by less than 0.1%, moving towards a 15-month high during morning trading. The shift […]