Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

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

Homebuilders Lead Historic Surge [Daily Recap]

  • U.S. equity markets bounced back on Tuesday with one of the best single-day gains for stocks of all-time amid signs that Congress was nearing a deal on a massive stimulus.

  • Indications of a slowdown in the coronavirus outbreak in Italy and suggestions that segments of the U.S.-workforce may return to work by April lifted many of the most beaten-down sectors.

  • Following a 2.6% decline yesterday, the S&P 500 jumped 9.4% while the Dow Jones Industrial Average gained 2,112 points, which the largest one-day point gain of all-time.

  • The broad-based commercial Real Estate ETFs finished today higher by 9.0% with all 18 REIT sectors higher by at least 3.5, led by a nearly 30% surge from the billboard REIT sector.

  • Homebuilders surged more than 25%, recovering nearly half of their YTD losses in a single-session. New Home Sales data this morning blew past estimates in February as the housing market was firing on all cylinders before the coronavirus crisis.

Real Estate Daily Recap

U.S. equity markets bounced back on Tuesday with one of the best single-day gains for stocks of all-time amid signs that Congress was nearing a deal on a massive fiscal stimulus package. Indications of a slowdown in the coronavirus outbreak in Europe and suggestions that segments of the U.S. workforce may return to work by April lifted many of the most beaten-down equity sectors. Following a 2.6% decline yesterday, the S&P 500 ETF(SPY) jumped 9.4% while the Dow Jones Industrial Average(DIA) gained 2,112 points, the largest point gain of all-time. The broad-based commercial Real Estate ETF(VNQ) finished today higher by 9.0% with all 18 REIT sectors higher by at least 3.5, led by a nearly 30% surge from the billboard REIT sector.

Click here to read the full report on 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