Economics, Housing, & Commercial Real Estate Analysis

Keepin' It Real 

Apartment REITs
Homebuilders 1.png
Data Center REITs
Mall REITs
Net Lease REITs
Housing100logo.png
  • Alex Pettee, CFA

The Curve Is Flattening [Daily Recap]

  • U.S. equity markets surged on indications that the coronavirus outbreak may be slowing in key "hotspots" while predictive models have revised their forecasts for coronavirus deaths substantially lower in recent days.

  • After declining 2.2% last week, the S&P 500 finished higher by 6.9% while the Dow Jones Industrial Average surged 1,627 points, the third-largest point gain of all-time.

  • Bouncing back from a brutal week, the broad-based commercial Real Estate ETFs surged 7.5% with all 18 REIT sectors higher by at least 3% on the day, led by residential REITs.

  • Mortgage REITs recovered after a punishing week with gains of 10.9% after a coalition of housing industry trade groups called on the FHFA, the Fed, and Treasury to put in place a liquidity facility for the mortgage servicers.

  • Homebuilders and other housing-related equities led the gains today after strong preliminary earnings results from Meritage Homes, which reported a 23% year-over-year surge in orders and minimal cancellations in March.

Real Estate Daily Recap

U.S. equity markets surged on indications that the coronavirus outbreak may be slowing in key "hotspots" while predictive models have revised their forecasts for coronavirus deaths substantially lower in recent days. After declining 2.2% last week, the S&P 500 ETF (SPY) finished higher by 6.9% while the Dow Jones Industrial Average (DIA) surged 1,627 points, the third-largest point gain of all-time. Bouncing back from a brutal week, the broad-based commercial Real Estate ETFs (VNQ) (SCHH) surged 7.5% with all 18 REIT sectors higher by at least 3% on the day. Mortgage REITs (REM) recovered after a punishing week with gains of 10.9% as a coalition of housing industry trade groups called on the FHFA, the Fed, and Treasury to put in place a liquidity facility for the mortgage servicers.

Click here to read the full report on Seeking Alpha!

Hotel REITs
Single Family Rental REITs
Mobile Home REITs
Healthcare REITs
prison REITs overview.png
  • 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. Nothing on this site is intended to be investment advice or an offer to buy or sell securities. The risks of investing in real estate securities are similar to those associated with direct investments in real estate, including falling property values, lack of liquidity, limited diversification, and sensitivity to certain economic factors such as interest rate changes and market recessions. No representation or warranty is made as to the efficacy of any particular strategy or fund, or the actual returns that may be achieved. An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. Data quoted represents past performance, which is no guarantee of future results. The views and opinions in the preceding commentary are as of the date of publication and are subject to change without notice. The information presented does not reflect the performance of any fund or other account managed or serviced by Hoya Capital, and there is no guarantee that investors will experience the type of performance reflected. There is no guarantee that any historical trend illustrated herein will be repeated in the future, and there is no way to predict precisely when such a trend will begin. There is no guarantee that any trend cited in this market commentary will be realized. This material represents an assessment of the market environment at a specific point in time, should not be relied upon as investment advice, is not intended to predict or depict performance of any investment and does not constitute a recommendation or an offer for a particular security. 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 investment advice or as the sole source of suitability for investment. Please consult with your investment, tax or legal adviser regarding your individual circumstances before investing.

Additional Disclosure & Privacy Policy     Index Definitions & List of Holdings

Seeking-Alpha-Logo.png

The Easy Way To Invest In Real Estate