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Homebuilding Stocks, Funds Are In Play

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June U.S. home sales rose by 0.8 percent in June, and home values have rocketed upward by 7 percent on a year-to-year basis, according to data from, continuing to propel homebuilder stocks and funds upward.

The National Association of Home Builders is bullish on the U.S. housing market, citing a lower mortgage interest rate environment, a more robust jobs climate and stronger consumer sentiment, but with a few caveats.