top of page
income builder 2021 24420.png
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
hotel REITs
Timber REITs
healthcare REITs
Billboard REITs
shopping center REIT
Casino REITs
cannabis REITs
farmland REIT investing
mortgage REITs

Explore our Real Estate Indexes

The Easy Way To Invest in Real Estate

RIET Hoya Capital High Dividend Yield ETF.png
HOMZ_Logo_Just Ticker.png
ETF express.png
  • Alex Pettee, CFA

Earnings Recap | Housing's Hot | REITs Extend Rally

Daily Recap

  • U.S. equity markets finished higher Wednesday after the Federal Reserve reiterated support for financial markets while U.S. housing data continues to show impressive and resilient strength in the economically-critical sector.

  • Bouncing back from a decline of 0.6% yesterday, the S&P 500 finished higher by 1.2% today while the Dow Jones Industrial Average gained 161 points following yesterday's 205-point decline.

  • Pushing gains to 5% this week, the Equity REIT ETF finished higher by another 1.9% with all 18 property sectors in positive territory ahead of another busy afternoon of earnings.

  • Pending Home Sales surged 16.6% in June, continuing the streak of impressive housing data. Applications to purchase a home, meanwhile, are 21% higher from last year as housing continues to lead the recovery.

  • We discuss earnings reports from data center REITs CyrusOne and Equinix; apartment REITs Mid-American and AvalonBay; and industrial REITs Duke Realty and EastGroup Properties.

To read the full report, click here to visit Seeking Alpha!

bottom of page