Shares of exchange-traded funds that invest in stocks in the home-building industry were falling sharply Wednesday, after data showed new-home sales dropped in May by more than expected. The iShares U ...

An exchange-traded fund that tracks an index of U.S. stocks in the home-building industry has reached an “important juncture” after rallying from its April lows, according to Bespoke Investment Group.

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California-based builder KB Home lowered its earnings estimates, citing cautious consumers, higher mortgage rates, and geopolitical uncertainty. The revision was unwelcome news for home-builder stocks ...