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Furniture Stocks Rebound As Home Sales Pick Up

By Aggregated Content in economic news on March 14, 2013 from http://news.investors.com/investing-ibd-industry-themes/031413-648075-furniture-stocks-and-home-sales-pick-up.htm

Purchasing a new home usually requires an investment in furniture, including perhaps a bed or a sofa, and maybe some decorations.

With housing sales on the rebound, some furniture stocks have been moving higher. The Household-Office Furniture industry group was ranked No. 31 out of IBD's 197 groups as of Thursday. That's up from No. 55 three weeks ago and No. 70 six weeks ago.

 


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