Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

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

Daily Recap: Homebuilders Lead After Strong Home Sales

  • U.S. equity markets closed fractionally higher on Wednesday, bouncing back after a mild sell-off yesterday following the first reported case of the deadly coronavirus in the United States.

  • The S&P 500 gained 0.1% and the Dow Jones Industrial Average finished fractionally lower while the 10-Year Treasury Yield finished flat to end the day at 1.77%.

  • After a strong start to the week yesterday, the broad-based commercial Real Estate ETF (VNQ) declined by 0.6% with every property sector finishing lower besides single-family rentals and data centers.

  • Prologis (PLD) kicked off REIT earnings season on a relatively high note, boosting 2020 FFO and occupancy guidance and projecting another robust year for industrial real estate demand.

  • The streak of strong housing data continued with Existing Home Sales data on Wednesday morning. Existing Sales rose 10.8% year-over-year to a 5.54 million-unit rate, beating consensus estimates of 5.43M.

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