Most Tracked Housing Stocks Fall

While stocks remain near all time highs, they fell slightly today on news the economy contracted in Q4 2012. Meanwhile, the Federal Reserve says it will keep its bond-buying program intact. CNNMoney reports the Dow Jones Industrial Average nudged down -0.32 percent, -44 points, to end the day at 13,910.42. The Nasdaq fell -0.36 percent, -11.35, to end hump day at 3,142.31, while the S&P moved down -0.39 percent, -5.88 points, to end the day at 1,501.96. The Yahoo! Finance Manufactured Housing Composite lost -0.79 percent to close at 1354.7. All but one of the housing stocks we track dropped, others closed even. Third Avenue Value Fund was the only tracked stock that moved up (trailing, Jan.29), gaining +0.44%, +0.23, to end the day at 52.06. Louisiana Pacific Industries, Inc. fell the most of stocks we follow, dropping -5.71%, -1.18 to 19.50. Several other stocks we follow dropped over one percent. Affiliated Managers Group 144.32 -2.17 (-1.49%). Cavco Industries, Inc. 51.12 -0.46 (-0.89%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 145,505 -990.00 (-0.68%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 36.55 -0.60 (-1.62%). Equity LifeStyle Properties 72,70 -0.37 (-0.51%). Nobility Homes 5.00 -0.25 (-4.76%). Patrick Industries, Inc. 15.86 -0.59 (-3.62%). Skyline Corp. 4.84 -0.15 (-3.01%). Sun Communities, Inc. 42.71 -0.95 (-2.18%). Universal Forest Products, Inc. 40.52 -1.16 (-2.78%). UMH 10.35 -0.06 (-0.58%).

(Graphic credit: CNNMoney and RealTick)

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