Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

Apartment REITs
Data Center REITs
Mall REITs
Net Lease REITs
Hotel REITs
Single Family Rental REITs
Mobile Home REITs
Housing100logo.png
ETF express.png
  • Alex Pettee, CFA

Real Estate Daily Recap: REITs Flat, Housing Index Climbs Led By Homebuilders


The Hoya Capital US REIT Index finished the day lower by 0.1%, led to the upside by the single family rental, apartment, and manufactured housing REIT sectors. The shopping center, hotel, and mall REIT sectors were the relative underperformers on the day. The S&P 500 finished the day flat while the Nasdaq finished lower by 0.2%. At 2.50%, the 10-Year Yield finished the day higher by 3 basis points but remains roughly 75 basis points lower than it's peak last October following benign inflation data yesterday in the CPI report, but slightly warmer-than-expected data in PPI today.

The Hoya Capital US Housing Index finished higher by 0.4% led to the upside by the Homebuilding and Home Improvement Retail sectors. The strongest performers on the day were Restoration Hardware (RH), Trex (TREX), DR Horton (DHI), Whirlpool (WHR), and Beacon Roofing (BECN).

The Home Furnishings and Residential REIT sector were the relative underperformers on the day. Bed Bath Beyond (BBBY) dropped by more than 8% following earnings results yesterday afternoon, but remains higher by nearly 60% YTD. Overstock (OSTK), Williams Sonoma (WSM), and Costco (COST) all finished lower by 1.8% or more on the day.

The economic calendar for Friday includes Export and Import Prices and Consumer Confidence on Friday.

Disclosure: An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. The information presented does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. We consider the information in this presentation to be accurate, but we do not represent that it is complete. It should not be relied upon as the sole source of suitability for investment. Please consult with your investment, tax or legal adviser regarding your individual circumstances before investing. Visit our website for a complete definition of all indexes cited in this report. Investing involves risk and loss of principal is possible.


  • 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