Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

ETF express.png
  • Alex Pettee, CFA

Housing Stays Hot | Rent Collection Improves | REITs Flat

Daily Recap

  • U.S. equity markets finished broadly higher on Wednesday as strong economic data - particularly in the critical U.S. housing sector - continues to counterbalance investor concern over the coronavirus pandemic.

  • After declining by 1.0% on Tuesday, the S&P 500 finished higher by 0.8% today while the Dow Jones Industrial Average gained 177 points following yesterday's 397 point decline.

  • After leading the gains last week, however, real estate equities have generally lagged this week. Equity REIT ETFs finished lower by 0.1% today with 12 of 18 property in negative-territory.

  • Housing Stays Hot: Mortgage applications to purchase a home are now higher by 33% from the same time last year, holding on to the "V-shaped" recovery pattern exhibited over the last three months.

  • Homebuilders were a bright-spot today, led by Taylor Morrison, which surged nearly 17% today after reporting record June sales fueled by favorable millennial-led demographics and record low mortgage rates.

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

REIT Forum HOYA AD.png

  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Hoya Capital Real Estate, LLC

(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 


The Easy Way To Invest In Real Estate