Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

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

Late Rally Pushes Stocks To Weekly Gains

  • A late-afternoon rally propelled U.S. equity markets to weekly gains on a wild week of intense volatility amid continued uncertainty over the potential economic fallout from the coronavirus outbreak.

  • The S&P 500 declined by 1.7% today while the Dow Jones Industrial Average declined by 256 points on a week that saw the two largest single-day point gains in history.

  • The broad-based commercial Real Estate ETF (VNQ) finished lower by 1.7%, but ended the week with gains of nearly 4%, led by manufactured housing, self-storage, and single-family rental REITs.

  • Lost in the volatility, employment data was strong across-the-board this week, headlined by Friday's nonfarm payrolls report which surged past expectations with 273k net gains, beating estimates of 175k.

  • Stay tuned for full coverage of this week's economic data in our Real Estate Weekly Outlook report published tomorrow morning.

Real Estate Daily Recap

A late-afternoon rally propelled U.S. equity markets to weekly gains on a wild week of intense volatility amid continued uncertainty over the potential economic fallout from the coronavirus outbreak. Coming off declines of 3.4% yesterday, the S&P 500 ETF (SPY) finished lower by 1.7% while the Dow Jones Industrial Average (DIA) declined by 256 points after a week that saw the two largest single-day point gains in history. For the week, the S&P 500 finished higher by roughly 0.5%. The broad-based commercial Real Estate ETF (VNQ) finished lower by 1.7%, but ended the week with gains of nearly 4%, led by the manufactured housing, self-storage, and single-family rental REIT sectors.

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