Economics, Housing, & Commercial Real Estate Analysis

Keepin' It Real 

Apartment REITs
Homebuilders 1.png
Data Center REITs
Mall REITs
Net Lease REITs
  • Alex Pettee, CFA

Real Estate Daily Recap: REITs End February Flat, Homebuilders Jump 4.6% on the Month

The REIT ETFs (VNQ and IYR) ended the day modestly higher and ended the month of February up by 0.6% following a 13% surge in January. On the day, student housing REITs led the way, followed by storage and cell tower REITs. The S&P 500 ended the day down 0.2% as the 10-Year climbed 2 basis points.

The homebuilder ETFs (XHB and ITB) retreated more than 1% on the day, dragging down the broader Hoya Capital Housing 100 Index. Residential REITs were the lone housing sector in positive territory for the day, led by American Campus (ACC), Extra Space (EXR), and Park (PK). Real estate technology firm Redfin (RDFN) also delivered a strong day, climbing by nearly 2%.

For the week, REITs are down by 1.2%, threatening to end their streak of seven consecutive weeks of gains. Homebuilders are off by nearly 5%. The real estate technology & brokerage sector is down by more than 6% on the week following weak results yesterday from Realogy (RLGY).

Hotel REITs
Single Family Rental REITs
Mobile Home REITs
Healthcare REITs
prison REITs overview.png
  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Hoya Capital Real Estate, LLC

(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. Nothing on this site is intended to be investment advice or an offer to buy or sell securities. The risks of investing in real estate securities are similar to those associated with direct investments in real estate, including falling property values, lack of liquidity, limited diversification, and sensitivity to certain economic factors such as interest rate changes and market recessions. No representation or warranty is made as to the efficacy of any particular strategy or fund, or the actual returns that may be achieved. An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Data quoted represents past performance, which is no guarantee of future results. The views and opinions in the preceding commentary are as of the date of publication and are subject to change without notice. The information presented does not reflect the performance of any fund or other account managed or serviced by Hoya Capital, and there is no guarantee that investors will experience the type of performance reflected. There is no guarantee that any historical trend illustrated herein will be repeated in the future, and there is no way to predict precisely when such a trend will begin. There is no guarantee that any trend cited in this market commentary will be realized. This material represents an assessment of the market environment at a specific point in time, should not be relied upon as investment advice, is not intended to predict or depict performance of any investment and does not constitute a recommendation or an offer for a particular security. We consider the information in this presentation to be accurate, but we do not represent that it is complete. It should not be relied upon as investment advice or as the sole source of suitability for investment. Please consult with your investment, tax or legal adviser regarding your individual circumstances before investing.

Additional Disclosure & Privacy Policy     Index Definitions & List of Holdings


The Easy Way To Invest In Real Estate