Homebuilder ETFs Higher After Housing Starts Jump 12%
Posted on January 17, 2013 at 09:15 AM EST
Homebuilder exchange traded funds were higher in early trading Thursday after the Commerce Department said housing starts climbed 12.1% last month. New construction rose to the highest level since June 2008, MarketWatch reports. The iShares DJ US Home Construction (NYSEArca: ITB) and SPDR S&P...