• Alex Pettee, CFA

Real Estate Powers Stocks To Near-Record Highs

  • For the full report, click here to visit Seeking Alpha!

  • Real estate continued to roll this week, leading the S&P 500 to within 1% of new record highs. REITs climbed for a remarkable fourteenth week out of the past fifteen.

  • REITs pushed their 2019 gains to just shy of 20%, reaching the highest level in two and a half years. REIT earnings season kicks off next week with Prologis and Crown Castle.

  • Not to be outdone, Homebuilders jumped another 1.5% on the week, leading the broader housing sector to another week of solid gains with an important week of housing data ahead.

  • CPI data came in cooler than expected, but suddenly rising energy prices have become a threat to potentially derail the "Goldilocks" conditions that have powered the 2019 rejuvenation.

  • The US labor market is relentless. Initial jobless claims hit a 50-year low this week and JOLTs data continues to show that there are more job openings than unemployed Americans.



Glass Buildings

Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

apartment REITs
homebuilders ETFs
single family rental REITs
manufactured housing REITs
student housing REITs
data center REITs
Cell tower REITs
net lease REITs
industrial REITs
storage REITs
office REITs
mall REITs
REIT Preferreds and Bonds
hotel REITs
Timber REITs
healthcare REITs
REIT ETFs
Billboard REITs
shopping center REIT
High-Yield Real Estate ETFs
Real Estate CEFs
Casino REITs
cannabis REITs
prison REITs
mortgage REITs
real estate crowdfunding
REIT Portfolio Strategy
REITs Taxes
1/1
HOMZ_Logo_Just Ticker.png
ETF express.png

Explore our Real Estate Indexes

The Easy Way To Invest in Real Estate

REIT Forum HOYA AD.png