The iShares U.S. Home Construction ETF was on pace for its best week since May 2020
Exchange-traded funds that invest in stocks linked to home builders soared this week, blowing past the strong performance of the Dow Jones Industrial Average and S&P 500 index.
“I like homebuilders,” said Tom Graff, chief investment officer at Facet, in a phone interview Friday. “There is so much pent-up demand for housing.”
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