New Housing ETFs

Someone has finally launched a pair of ETFs focusing on the housing market (or will be shortly, anyway). MacroShares Major Metro Housing:

http://www.indexuniverse.com/sections/breaking-news/10/4202-macroshares-housing-.html

This definitely presents and interesting asset allocation alternative. And theoretically you could use it to hedge a property purchase as well.

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2 people have left comments

Posted on June 14, 2008 at 3:27 pm

Jim wrote :

That looks interesting. I’m actually pretty interested in speculating on a homebuilders ETF at this point in time, but a real estate/ housing option could be a great hedge against property like you have mentioned. I will have a look at it as a potential investment.

Posted on June 14, 2008 at 10:48 pm

John wrote :

It you want to play the homebuilders, look at the XHB and ITB pair of ETFs.