Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

1/1
Housing100logo.png
ETF express.png
  • Alex Pettee, CFA

REITs And Homebuilders Surge In January


Click to read the full report on Seeking Alpha!

  • Powered by the 100th consecutive month of job growth and an increasingly dovish Fed, the S&P 500 climbed 1.6% on the week and notched its best January in 30 years.

  • Coming off their worst year since the financial crisis, real estate equities led the charge in January. REITs rallied nearly 12% on the month while Homebuilders surged nearly 13%.


  • Jobs data continues to exceed estimates, powered by a slow march higher in labor force participation. Strong wage growth has gradually pulled discouraged workers back into the workforce.

  • Housing data was mixed this week. The shutdown-delayed November New Home Sales data exceeded expectations and far outpaced the private market estimates. Pending home sales, however, was significantly weaker than expected.

  • Sentiment around the US housing market has gradually improved as mortgage rates remain near ten-month lows. REIT and Homebuilder earnings reports so far have generally exceeded modest expectations.

#realestate #homebuidlers #housing #investing #REITs

  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Hoya Capital Real Estate, LLC

Invest@HoyaCapital.com

(833) HOYA-CAP

Hoya Capital Real Estate ("Hoya Capital") is an SEC-registered investment advisory firm that provides investment management services to ETFs, individuals, and institutions, focusing on portfolio and index management of publicly traded securities in the real estate industry. It is not possible to invest directly in an index. Index performance cited in this website or commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Nothing on this site nor any published commentary by Hoya Capital is intended to be investment, tax, or legal advice or an offer to buy or sell securities. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and should not be considered a complete discussion of all factors and risks. Data quoted represents past performance, which is no guarantee of future results. Investing involves risk. Loss of principal is possible. Investments in companies involved in the real estate and housing industries involve unique risks, as do investments in ETFs, mutual funds, and other securities. Hoya Capital has no business relationship with any company discussed/mentioned. Hoya Capital never receives compensation from any company discussed/mentioned. Hoya Capital, its affiliate, and/or its clients and/or its employees may hold positions in securities or funds discussed on this website and our published commentary. A complete list of holdings and other important disclosures and definitions are available by clicking the links below.

Privacy Policy 

 Client Relationship Summary 

Hoya Capital's ADV Part 2

Important Disclosures, Definitions, & List of Holdings 

Seeking-Alpha-Logo.png

The Easy Way To Invest In Real Estate