Housing stocks in worst year since 2008, some see even more distress

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Housing stocks are getting crushed.

Two major homebuilder stock-tracking ETFs, the ITB and the XHB, are on track to post their worst years since 2008 and some strategists see further downside.

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Lennar and KB Home fell more than 2 percent Wednesday after Credit Suisse downgrades, along with Home Depot and Lowe’s. The firm was particularly bearish on the…

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