RH - Real Estate Weekly: REITs And Builders Climb Despite Rough Week For Stocks
Real Estate Weekly Review
The real estate sector got back on track this week following a recently uncharacteristic down week. The REIT ETFs (VNQ and IYR) climbed for the eighth week out of the past nine, pushing their 2019 gains back above 12%. Residential REITs (REZ) were among the strongest performers as mounting concerns over global economic growth and declining interest rates led to outperformance in many of the defensive and yield-oriented segments of the equity market.
The broader equity market, however, experienced their worst week of 2019. The S&P 500