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Rise And Fall Of Homebuilders: What Drove ITB's 30% Drop | WAPE

Newsbenzinga

Rise And Fall Of Homebuilders: What Drove ITB's 30% Drop

Oct 23, 2026, 10:17 ET · Published

Article summary

ITB, the biggest homebuilder ETF, is 30% below its October 2024 peak. Builders' earnings fell faster than its price, so its P/E is above its median.

An excerpt from the original article.

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