Most Tracked Housing Stocks Gain, While Indexes Fall

Investors remained worried that the European summit last month will not produce a rescue plan for the euro currency union amid concerns about corporate returns in this country, as all three indexes lost a little more ground. CNNMoney reports the Dow Jones Industrial Average dropped -31.26 points, -0.25%, to close at 12,573.27. The Nasdaq fell -21.79 points to 2,866.19, while the S&P lost -6.69 points to 1,334.76. The Yahoo! Finance Manufactured Housing Composite rose +0.82 percent to close at 1,027.00. Housing stocks we track closed mixed or even. Skyline Corp. gained the most of tracked stocks, +5.67%, +0.27, to close at 5.03. Affiliated Managers Group fell the most of stocks we follow, -1.45%, -1.56, to close at 106.26. Cavco Industries 49.55 +1.34 (+2.77%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 125,321 -615.00 (-0.49%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 27.10 +0.26 (+0.97%). Equity Lifestyle Properties 68.55 +0.28 (+0.48%). Louisiana Pacific Corp. 11.06 +0.20 (+1.84%). Nobility Homes 5.45 +0.22 (+4.21%) Patrick Industries, Inc. 14.85 +0.41 (+2.84%). Sun Communities 45.10 +0.46 (+1.03%). Third Avenue Value Fund (7-11) 45.07 +0.36 (+0.96%). United Forest Products, Inc. 39.55 +0.58 (+1.49%). UMH Properties 11.58 -0.01 (-0.09%).

(Graphic credit: CNNMoney and RealTick)

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