Nobility Shines, Most Tracked Housing Stocks Decline

Investors worries abut the financial and political landscape in the Eurozone and concerns for the U.S. banking system in light of JPMorgans’ loss of $2 billion, dropped the Dow Jones Industrial Average -0.98 percent, -125.25 points, to close at 12,695.35. CNNMoney also reports the Nasdaq dropped -1.06 percent to 2,902.58, while the S&P closed down -1.11 percent, to 1,338.35. The Yahoo! Finance Manufactured Housing Composite fell -1.09 percent to close at 1082.20. All but two of the housing stocks we track closed down. Nobility Homes, after remaining unchanged for much of last week at 7.00, gained the most of stocks we follow, +6.00 percent, +0.422, to close at 7.45. Skyline Corp. fell the most of tracked stocks, declining -3.16 percent, -0.16, to end the trading day at 4.90. Affiliated Managers Group 105.83 -0.92 (-0.86%). Cavco Industries 48.97 -1.27 (-2.53%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,675 -1,120.00 (-0.91%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 26.49 -0.64 (-2.36%). Equity Lifestyle Properties 68.39 -0.86 (-1.24%). Louisiana Pacific Corp. 9.42 -0.12 (-1.26%). Sun Communities 42.79 -0.68 (-1.56%). Third Avenue Value Fund (5-11) 43.90 -0.34 (-0.77%). UMH Properties 10.93 -0.16 (-1.44%). Universal Forest Products 38.23 +0.77 (+2.06%).

(Graphic credit: CNNMoney and RealTick)

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