Real Estate Daily Recap: REITs Climb As 10-Year Yield Retreats To 3 Year Low
Following a 1.6% gain last week, the Hoya Capital US REIT Index finished the day higher by 0.8% as the 10-Year yield retreated to a new three-year low at 1.47%. The cell tower, manufactured housing, and healthcare REIT sectors were the winners on the day while the hotel and storage REIT sectors were the laggards. The S&P 500 finished the day lower by 0.6% while the Nasdaq declined by 1.0%.
For an in-depth analysis of all real estate sectors, be sure to check out all of our quarterly reports: Apartments, Homebuilders, Student Housing, Single-Family Rentals, Manufactured Housing, Cell Towers, Healthcare, Industrial, Data Center, Malls, Net Lease, Shopping Centers, Hotels, Office, Storage, Timber, and Real Estate Crowdfunding.
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