Most Housing Stocks Advance as Major Indexes Improve

Despite investors’ caution that the U. S. will likely lead a military strike in Syria, the three major indexes gained for a second consecutive day, with the Dow rising nearly 100 points and the NASDAQ improving one percent. CNNMoney reports the Dow moved up +96.91 points, +0.65 percent, to close at 14,930.87. The Nasdaq moved up +1.01 percent, +36.43 points to end the day at 3,649.04, while the S&P gained +0.81 percent, 13.31 points, to close at 1,653.08. The Yahoo! Finance Manufactured Housing Composite fell -1.32 percent to end today’s session at 1830.5. Most housing stocks we track closed up, or even. Cavco Industries posted the largest gain of tracked stocks, +1.29 percent, +0.66, to end the day at 51.80. UMH Properties, Inc. fell the most of tracked stocks, falling -0.31 percent, -0.03, to end at 9.55. Affiliated Managers Group 175.92 +0.26 (+0.17%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 168,259 +266.00 (+0.16%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 42.00 +0.05 (+0.12%). Equity LifeStyle Properties 34.78 +0.27 (+0.78%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 15.25 +0.05 (+0.32%). Nobility Homes held steady at 8.65. Patrick Industries 27.25 +0.27 (+1.00%). Skyline Corp. 4.52 -0.01 (-0.22%). Sun Communities, Inc. 42.73 +0.54 (+1.28%). Third Avenue Value Fund (Sept. 3) 55.46 +0.59 (+1.08%). Universal Forest Products, Inc. 36.57 +0.05 (+0.16%).

(Graphic credit: CNNMoney and RealTick)

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