Housing Market Review – The Seasonal Tailwind Winds Down (April, 2016)
The last Housing Market Review covered data released in March, 2016. At the time, the iShares US Home Construction ETF (ITB) was accompanying the market on an extended rally from the February lows. Resistance at the 200-day moving average (DMA) slowed down the advance. THIS month, ITB cleanly broke through resistance only to come to … Read more