Responding to news that housing prices recorded the biggest increase since 2007 and a consumer confidence reading marking a five year high, CNNMoney reports the Dow Jones Industrial Average hit a new record, surging 106.29 points, +0.69 percent, to close at 15,409.39. The Nasdaq gained +0.86 percent, +29.75 points, to end the day at 3,488.89, while the S&P advanced +0.63 percent, +10.46 points, to finish at 1,660.06. The Yahoo! Finance Manufactured Housing Composite gained +2.15 percent to close at 1080.3. Most housing stocks we track closed mixed or even, with Affiliated Managers Group gaining the most of tracked stocks, +2.78 percent, +4.51, to close at 166.49. Skyline Corp. dropped the most of stocks we follow, falling -2.03 percent, -0.09, to end the session at 4.35. Cavco Industries, Inc. 49.49 +1.10 (+2.26%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 168,400 +2,380.00 (+1.43%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.60. Drew Industries 37.78 +0.66 (+1.78%). Equity LifeStyle Properties, Inc. 81.14 +0.10 (+0.12%). Louisiana Pacific Industries, Inc. 18.96 +0.37 (+1.99%). Nobility Homes remained unchanged at 7.25. Patrick Industries 20.77 -0.10 (-0.48%). Sun Communities, Inc. 52.68. +0.23 (+0.44%). Third Avenue Value Fund (May 24) 55.47 +0.07 (+0.13%). UMH Properties, Inc. 10.94 +0.08 (+0.74%). Universal Forest Products, Inc. 40.38 +0.66 (+1.66%).
