Modest Movement in Housing Stocks

Slowing economic growth in the global economy led to modest declines in U.S. stocks. CNNMoney reports the Dow Jones Industrial Average inched up +0.14 percent, +18.97 points, to close at 13,596.93. The Nasdaq fell -0.21 percent to 3,175.96, while the S&P lost -0.05 percent to close at 1,460.26. The Yahoo! Finance Manufactured Housing Composite dropped -1.08 percent to close at 1079.5. Many housing stocks we track closed slightly down or even, a few gained minimally. UMH Properties, Inc. advanced the most of tracked stocks, gaining +1.30%, +0.15, to close at 11.70. Patrick Industries dropped the most of stocks we follow, falling -1.75%, -0.26, to close at 14.58. Affiliated Managers Group 125.10 -1.17 (-0.93%). Cavco Industries 46.50 -0.09 (-0.19%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 134,100 +800.00 (+0.61%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 29.98 -0.02 (-0.07%). Equity Lifestyle Properties 69.38 -0.80 (-1.14%). Louisiana Pacific Corp. 13.74 -0.07 (-0.51%). Nobility Homes 5.50 -0.09 (-1.61%). Skyline Corp. 4.71 -0.07 (-1.46%). Sun Communities, Inc. 44.27 +0.02 (+0.05%). Third Avenue Value Fund (9-19) 49.41 +0.10 (+0.20%). United Forest Products, Inc. 41.99 -0.35 (-0.83%).

(Graphic credit: CNNMoney and RealTick)

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