All but One Tracked Housing Stocks Lose

Positive economic indicators during the week, including signs that the economy grew faster than originally reported and that the housing market is improving, put the damper on investors hoping Ben Bernanke will offer more stimulus in his speech tomorrow, driving the three major indexes down. CNNMoney reports the Dow Jones Industrial Average lost -106.77 points, -0.81 percent, to end at 13,000.71. The Nasdaq fell -1.05 percent to 3,048.71, while the S&P lost -0.78 percent to 1,399.48. The Yahoo! Finance Manufactured Housing Composite dropped -0.45 percent to close at 990.6. All but one housing stocks we follow closed down or even. Louisiana Pacific Corp. was the only stock that moved up, gaining +0.08%, +0.01, to end the day at 13.85. Patrick Industries fell the most of stocks we track, dropping -7.78%, -1.09, to close at 13.29. Affiliated Managers Group 117.21 -1.22 (-1.04%). Cavco Industries 44.89 -0.19 (-0.42%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 126,183 -617.00 (-0.49%). Drew Industries 28.94 -0.13 (-0.45%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity Lifestyle Properties 68.65 -0.42 (-0.61%). Louisiana Pacific Corp. 13.29 +0.01 (+0.08). Nobility Homes remained unchanged at 5.55. Patrick 12.75 -1.09 (-7.88%). Skyline Corp. 4.75 -0.04 (-0.84%). Sun Communities 45.98 -0.12 (-0.26%). Third Avenue Value Fund (8-29) 46.93 -0.05 (-0.11%). Universal Forest Products Inc. 37.04 -0.30 (-0.81%). UMH Properties 11.27 -0.02 (-0.18%).

(Graphic credit: CNNMoney and RealTick)

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