Housing Stocks Mixed; Housing Composite Loses 1%

Citigroup’s strong quarterly report, better-than-expected retail sales and the improvement in Federal Reserve Bank of New York’s Empire State Manufacturing Index were welcomed by investors as all three indexes finished in positive territory in today’s trading. CNNMoney reports the Dow Jones Industrial Average rose +0.72 percent today, +95.38 points, to close at 13,424.23, while the Nasdaq gained +0.66 percent, +20.07 points to 3,064.18. The S&P also gained a little ground, +0.81 percent, +11.54 points to close at 1,440.13. The Yahoo! Finance Manufactured Housing Composite lost -1.06 percent to close at 1126.8. Housing stocks we track closed mixed, or even. Louisiana pacific Corp. advanced the most of stocks we follow, gaining +2.92 percent, +0.41, to end the trading day at 14.41. UMH lost the most of tracked stocks, -1.74 percent, -0.20 to close at 11.32. Affiliated Managers Group 122.92 +1.23 (+1.01%). Cavco Industries 46.72 +0.67 (+1.45%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 133,605 +1,103.00 (+0.83%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 31.76 +0.24 (+0.76%). Equity LifeStyle Properties 66.86 +0.93 (+1.41%). Nobility Homes remained unchanged at 5.80. Patrick Industries 18.10 +0.01 (+ 0.06%). Skyline Corp. 4.64 -0.03 (-0.64%). Sun Communities, Inc. 43.90 +0.49 (+1.13%). Third Avenue Value Fund (Oct. 12) 48.24 -0.14 (-0.29%). United Forest Products, Inc. 41.60 +0.90 (+2.21%).

(Graphic credit: CNNMoney and RealTick)

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