Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

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

REIT Rebound Continues [Daily Recap]

  • U.S. equity markets finished flat on Tuesday following robust gains on Monday as investors look for confirmation that the coronavirus outbreak is indeed slowing in key "hotspots" around the globe.

  • After gaining 6.9% yesterday, the S&P 500 finished roughly flat while the Dow Jones Industrial Average retreated by 26 points after yesterday's 1,627 points surge.

  • Real estate equities were among the leaders for the second-straight day as the broad-based commercial Real Estate ETFs gained 1.4% with 11 of the 18 REIT sectors in positive territory.

  • Mortgage REITs continue to show signs of life following a punishing week, adding another 6.0% in gains following 10.9% on Monday despite a surge in mortgage forbearance requests.

  • DR Horton, the nation's largest single-family builder, reported surprisingly strong preliminary earnings results. Net sales orders during March actually increased 6% while the cancellation rate ticked higher to 24% from 18% last year.

Real Estate Daily Recap

U.S. equity markets finished flat on Tuesday following robust gains on Monday as investors look for confirmation that the coronavirus outbreak is indeed slowing in key "hotspots" around the globe. After surging 6.9% yesterday, the S&P 500 ETF (SPY) finished roughly flat while the Dow Jones Industrial Average (DIA) retreated by 26 points after yesterday's 1,627 points surge. Real estate equities were among the leaders for the second-straight day as the broad-based commercial Real Estate ETFs (VNQ) (SCHH) gained 1.4% with 11 of the 18 REIT sectors in positive territory for the day. Mortgage REITs (REM) continue to show signs of life after a punishing week, adding another 6.0% in gains following 10.9% on Monday.

Click here to read the full report on 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