Tracked Housing Stocks, Major Indexes Advance

The three major indexes all advanced over the one-half percent mark to end the week on a high note as investors maintained belief that the government shutdown and debt ceiling crisis’ may be ending soon. CNNMoney reports the Dow gained +111.04 points, +0.73 percent, to close at 15,237.11. Meanwhile, the Nasdaq moved up +0.83 percent, +31.12 points to end today’s trading at 3,791.87, while the S&P advanced +0.63 percent, +10.64 points, to close at 1,703.20. The Yahoo! Finance Manufactured Housing Composite moved up 1.00 percent to close at 1010.4. Most housing stocks we track in today’s trading closed up or even, although Drew Industries gained the most, up +3.28 percent, +1.54 to finish at 48.52. Skyline Corp. fell the most of stocks we follow, -1.70 percent, -0.08, to finish at 4.63. Affiliated Managers Group 187.62 +0.26 (+0.14%). Cavco Industries 58.98 +1.79 (+3.12%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 173,605 +1,120.00 (+0.65%). Deer Valley remained unchanged at 0.65. Equity LifeStyle Properties 35.52 +0.43 (+1.23%). Liberty Homes remained unchanged at 0.60. Louisiana Pacific Corp. 17.39 -0.02 (-0.06%). Nobility Homes 9.25 +0.19 (+2.10%). Patrick Industries, Inc. 29.82 +0.74 (+2.57%). Sun Communities, Inc. 42.76 +0.41 (+0.97%). Third Avenue Value Fund (Oct. 10) 57.29 +0.77 (+1.36%). UMH Properties, Inc. 10.01 -0.01 (-0.10%). Universal Forest Products, Inc. 42.27 +0.59 (+1.42%).

(Graphic credit: CNNMoney and RealTick)

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