Tracked Housing Stocks All Hit the Skids

Despite unemployment claims hitting a four-year low, investors were more concerned about economic growth hitting a soft spot in China and Germany, causing alarm among investors. CNNMoney tells MHProNews.com all three markets lost ground today, as the Dow Jones Industrial Average dropped 78.48 points, -0.60 percent, to close at 13,046.14. The Nasdaq moved down -0.39 percent to close at 3,063.32, while the S&P fell below the 1,400 mark, -0.72 percent, to finish at 1,392.78. The Yahoo! Finance Manufactured Housing Composite lost -0.79 percent to close at 992.1. All the housing stocks we track closed down or even, with Drew Industries leading the decliners, losing 5.47 percent, -1.50, at 25.93. Affiliated Managers Group 110.48 -1.71 (-1.52%). Cavco 44.58 -0.56 (-1.20). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 121,479 -261.00(-0.21%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity Lifestyle Properties 67.87 -1.27 (-1.84%). Louisiana Pacific Corp. 9.73 -0.04 (-0.41%). Nobility Homes 8.27 -0.17 (-2.01%). Patrick Industries 10.64 +0.0596 (-0.56%). Skyline Corp. 7.06 -0.25 (-3.42%). Sun Communities 42.94 -0.16 (-0.37%). Third Avenue Value Fund (3-21) 46.28 -0.36 (-0.77%). UMH Properties 10.10 -0.04 (-0.39%). Universal Forest Products 34.46 -0.55 (-1.57%).

(Graphic credit: CNNMoney and RealTick)

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