![]() Stricter lending reduced the pool of buyers and even if they kept the standards the same, there wouldn't be a decent recovery, mostly because home prices accelerated faster then incomes during the boom. Maya Roney for BusinessWeek reports soft home sales are likely to continue through May, a time when home sales are traditionally the highest. And, iShares Dow Jones US Home Construction ( ITB) is the worst performing ETF year-to-date.Īt -13.7%, do not look for a rebound anytime soon. The latest numbers show 2007 going down as one of the worst years for housing in decades. Investors Continue to Endorse Sustainable Investing".
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