Tracked Housing Stocks All Drop or Close Even; Three Major Indexes Fall

A budget deal coming out of Washington gives investors more concern that the Federal Reserve will begin tapering its quantitative easing sooner rather than later, causing the three major indexes to tumble in today’s trading. CNNMoney reports the Dow Jones Industrial Average fell -129.60 points, -0.81 percent, to close at 15,843.53. The Nasdaq dropped -1.40 percent, -56.68 points, to finish at 4,003.81, while the S&P lost -20.40 points, -1.13 percent, to end the day at 1,782.22. The Yahoo! Finance Manufactured Housing Composite lost -1.81 percent to close at 688.8. All housing stocks we track in today’s trading closed down or even, while Skyline Corp. fell the most of stocks we follow, -5.35%, -0.27, to end the day at 4.78. Affiliated Managers Group 198.96 -3.83 (-1.89%). Cavco Industries 60.67 -2.06 (-3.28%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 171,630 -1,840.00 (-1.06%). Deer Valley remained unchanged at 0.65. Drew Industries 51.63 -0.94 (-1.79%). Equity LifeStyle Properties 35.94 -0.45 (-1.24%). Liberty Homes remained unchanged at 0.51. Louisiana Pacific Industries 15.95 -0.32 (-1.97%). Nobility Homes remained unchanged at 8.25. Patrick Industries 28.79 -0.17 (-0.57%). Sun Communities 40.36 -1.39 (-3.33%). Third Avenue Value Fund (Dec. 10) 58.15 -0.06 (-0.10%). UMH Properties 9.18 -0.28 (-2.96%). Universal Forest Products, Inc. 49.06 -0.23 (-0.47%).

(Graphic credit: CNNMoney and RealTick)

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