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stockpreacherman

Housing correlations - building, existing, selling.

SPDR Series Trust SPDR Homebuilders ETF (AMEX:XHB)  
stockpreacherman  
AMEX:XHB   SPDR Series Trust SPDR Homebuilders ETF
Chart Patterns housing housingmarket housing_market VNQ XHB RDFN
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chartpattern housing housingmarket housing_market vnq xhb rdfn
Simple chart to look at the relation between hew home builds, a broad housing ETF and a mortgage lender.

It demonstrates that they all have a strong correlation and that mortgage company performance is a leading indicator of housing market performance and that new build housing stocks are a leading indicator for the housing market in general.
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