trader says Homebuilding stocks ‘are not as strong as they once were’

why are home builder stocks falling

Homebuilding stocks could be losing steam. Though the group outperformed last year, with the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) both beating the S&P 500 by about 10 percentage points, pure-play homebuilding stocks are faltering, JC O’Hara, chief market technician at MKM Partners.

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britain reveals more details of its billion-dollar plan for greener homes

government green grant fund

The U.K. government has released details of how tradespeople can get involved in its £2 billion ($2.60 billion) “green homes grant” initiative. Announced in July 2020, the scheme will enable landlords and homeowners in England to apply for vouchers to improve the energy efficiency of their homes.

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