• Alex Pettee, CFA

Real Estate Daily Recap: REITs End Higher As 10-Year Yield Dips to Lowest Since January 2018


The Hoya Capital US REIT Index climbed 0.4% on the day, led to the upside by the data center, net lease, and cell tower REIT sectors but dragged down by the student housing and single family rental REIT sectors. The S&P 500 finished down 0.4% on the day while the Nasdaq climbed by 0.4%. At 2.54%, the 10-Year Yield dipped 8 basis point on the day and ended at the lowest close since January 2018 after the Federal Reserve signaled a continued pause in it's path of monetary policy for 2019.


On the day, the Residential REIT and Home Improvement Retail sectors was the two Hoya Capital US Housing Index sectors to finish the day on the upside. Overstock (OSTK), Amazon (AMZN), Wayfair (W), Lennox (LII), and CubeSmart (CUBE) were the top-five finishers.


Technology and Brokerge and Mortgage Lenders were the weakest performing sectors. Zillow (Z), Trex (TREX), Huntington (HBAN), M&T Bank (MTB), and Regions Financial (RF) were the weakest performers on the day.


Disclosure: An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. The information presented does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. 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 the sole source of suitability for investment. Please consult with your investment, tax or legal adviser regarding your individual circumstances before investing. Visit our website for a complete definition of all indexes cited in this report. Investing involves risk and loss of principal is possible.


Glass Buildings

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
HOMZ_Logo_Just Ticker.png
ETF express.png

Explore our Real Estate Indexes

The Easy Way To Invest in Real Estate

REIT Forum HOYA AD.png