Home building stocks continue to rise, up nearly 60% year-to-date

Optimism about a recovery in the U.S. housing sector has fueled massive gains for homebuilding stocks this year. Whether the housing recovery is sustainable or purely speculative is to be seen; but through Dec. 19, the SPDR S&P Homebuilders ETF has posted a year-to-date total return of 57.9%, outperforming the Russell 3000 by a whopping 4,086 basis points.

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