Keepin' It Real  

Economics, Housing, & Commercial Real Estate Analysis

apartment REITs
homebuilders ETFs
single family rental REITs
manufactured housing REITs
student housing REITs
data center REITs
Cell tower REITs
net lease REITs
industrial REITs
storage REITs
office REITs
mall REITs
REIT Preferreds and Bonds
hotel REITs
Timber REITs
healthcare REITs
REIT ETFs
Billboard REITs
shopping center REIT
High-Yield Real Estate ETFs
Real Estate CEFs
Casino REITs
cannabis REITs
prison REITs
mortgage REITs
real estate crowdfunding
REIT Portfolio Strategy
REITs Taxes
1/1
Housing100logo.png
Learn More About HOMZ
ETF express.png
Search
  • Alex Pettee, CFA
    • Feb 17, 2019
    • 1 min read

Real Estate Weekly Review: REITs Extend Rally To 6th Straight Week


To read the full article, visit Seeking Alpha!

  • The REIT rally continued into its sixth consecutive week, pushing their YTD gains to an impressive 14%. Moderate growth and low inflation have been ideal conditions for real estate outperformance.

  • Not to be outdone, homebuilders and housing stocks delivered another stellar week. The 30-year mortgage rate dipped to the lowest level since February 2018.

  • Within the housing sector, the real estate technology and home furnishings sectors have been particularly strong in 2019. Redfin gave an upbeat outlook on housing markets on their earnings call.

  • Clashing with other data points showing a decent-to-strong holiday shopping season, December retail sales were disappointing, calling into question the accuracy of the data amid the shutdown.

  • Inflation data has moderated in recent months after peaking in mid-2018. Housing inflation (42% of CPI) remains the primary driver of total inflation, a result of a lingering supply shortage.



REIT Forum HOYA AD.png