Housing Composite, Most Tracked Housing Stocks Gain

In a speech at Jackson Hole, Wyoming Fed Chairman Ben Bernanke hinted that the Fed is ready to provide additional stimulus to the economy, which boosted the three indexes for the end of the week and month. CNNMoney reports the Dow Jones Industrial Average moved up 90.2 points, +0.69 percent, to end at 13,090.91. The Nasdaq rose +0.60 percent to 3,066.96, while the S&P gained +0.51 percent to 1,406.58. The Yahoo! Finance Manufactured Housing Composite moved up +0.57 percent to close at 996.2. Housing stocks we follow mostly closed up or even, although Deer Valley tumbled. Nobility Homes gained the most of tracked stocks, moving up +7.03%, +0.39, to end the day at 5.94. Deer Valley fell the most of stocks we track, dropping -13.58%, -0.11, to close at 0.70. Affiliated Managers Group 117.62 +0.44 (+0.38%). Cavco Industries 46.02 +1.16 (+2.59%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 126,560 +377.00 (+0.30%). Drew Industries 28.97 +0.03 (+0.10%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Equity Lifestyle Properties 68.77 +0.12 (+0.17%). Louisiana Pacific Corp. 13.42 +0.13 (+0.98). Patrick Industries 12.97 +0.20 (+1.57%). Skyline Corp. 4.73 -0.02 (-0.42%). Sun Communities 45.81 -0.17 (-0.37%). Third Avenue Value Fund (8-30) 46.26 -0.67 (-1.43%). Universal Forest Products Inc. 38.44 +1.18 (+3.17%). UMH Properties 11.25 -0.02 (-0.18%).

(Graphic credit: CNNMoney and RealTick)

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