Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

Apartment REITs
Data Center REITs
Mall REITs
Net Lease REITs
Hotel REITs
Single Family Rental REITs
Mobile Home REITs
Housing100logo.png
ETF express.png
  • Alex Pettee, CFA

Daily Recap: REITs Lag As Stocks Set Fresh Records

  • US equity markets rallied for the second straight day, closing at fresh record highs as geopolitical tensions in the Middle East continued to thaw following the hostilities earlier this week.

  • The S&P 500 gained another 0.6% and the Nasdaq climbed by 0.7% while the 10-Year Treasury Yield finished lower by 2 basis points to close at 1.86%.

  • The broad-based Real Estate ETF finished flat, led to the upside by the timber and technology REIT sectors, but dragged down by the retail REIT sectors after weak retail earnings.

  • Entry-level-focused homebuilder KB Home released earnings after the bell today, reporting an impressive 38% year-over-year increase in net orders, another strong data point for the housing market.

  • The BLS jobs report will be the focus tomorrow. Economists are looking for 160k in job growth following last month's blowout report, which saw an impressive 266k jobs added. Average hourly earnings are expected to increase by 3.1%.

To continue reading, click here to visit Seeking Alpha!

  • 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