MARKET WIRE NEWS

Amid Destruction in Home Construction, 3 Stocks Stay Hot

Source: Motley Fool

2025-11-11 05:10:00 ET

Over the past 12 months, high mortgage rates , record home prices, and strained consumer confidence have combined to take a pretty good bite out of the housing sector. The iShares U.S. Home Construction ETF (NYSEMKT: ITB) has fallen about 17% over the past year, at a time when the S&P 500 has rallied to an all-time high and gained more than 15%.

Even though the Federal Reserve has cut its benchmark interest rate twice since September, and the 30-year mortgage rate is approaching a three-year low of 6%, the U.S. Home Construction ETF continues to struggle. It slid about 16% in the past two months while the S&P 500 gained about 5%.

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Cavco Industries Inc.

NASDAQ: CVCO

CVCO Trading

-2.63% G/L:

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CVCO Stock Data

$4,376,131,758
7,636,984
0.83%
142
N/A
Residential Construction
Consumer Discretionary
US
Phoenix

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