Home builder ETFs rise after data, earnings

Exchange-traded funds that track the home-building sector rose on Tuesday, following a positive read on home prices, as well as strong results from a key component. The SPDR S&P Homebuilders ETF XHB, -0.46% rose 0.9% while the iShares U.S. Home Construction ETF ITB, +0.16% was up 1.3%. Supporting the group was the S&P/Case-Shiller national index of home prices, which hit a four-year high. Separately, PulteGroup Inc.

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Source: Market Watch