Tracked Housing Stocks, Three Major Indexes End Week Mixed

Although the Dow and the S&P managed meager gains for the day, stocks fell for the second straight week on continuing fears the Federal Reserve will cease its $85 billion monthly stimulus. CNNMoney reports the Dow Jones Industrial Average nudged up +41.08 points, +0.28 percent, to end the day at 14,799.40. The Nasdaq lost -0.22 percent, -7.39 points, to end the week at 3,357.25, while the S&P gained +0.27 percent, +4.24 points, to finish the week at 1,592.43. The Yahoo! Finance Manufactured Housing Composite fell -1.58 percent to close at 1070.3. Housing stocks we track closed mixed or even, with Universal Forest Products, Inc. advancing the most of tracked stocks, +2.52 percent, +1.07, to finish the week at 43.85. Louisiana Pacific Industries, Inc. fell the most of stocks we follow, dropping -4.52 percent -0.72, to close at 15.21. Affiliated Managers Group 159.74 -1.73 (-1.07%). Cavco Industries 47.57 -0.22 (-0.46%). Champion, Liberty Homes and Palm Harbor continued unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 168,200 +300.00 (+0.18%). Deer Valley remained unchanged at 0.65. Drew Industries, Inc. 40.06 +0.08 (+0.20%). Equity LifeStyle Properties, Inc. 74.93 +0.27 (+0.36%). Nobility Homes remained unchanged at 7.10. Patrick Industries 21.36 +0.37 (+1.94%). Skyline Corp. 4.03 -0.02 (-0.49%). Sun Communities, Inc. 48.00 +0.44 (+0.93%). Third Avenue Value Fund (June 20) 52.87 -1.12 (-2.07%). UMH Properties, Inc. 10.19 +0.06 (+0.59%).

(Graphic credit: CNNMoney and RealTick)

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