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ROOF - REIT Rally Resumes As Earnings Season Heats Up
IQ US Real Estate Small Cap
Real Estate Weekly Review
Bouncing back from their worst week of 2019, REITs (VNQ and IYR) resumed their rally, now having produced positive returns in all but three weeks of 2019. Led by the yield-sensitive segments of the real estate market, REITs climbed 1.5% as the 10-year yield pulled back from four-week highs following the release of economic data that signaled a continuation of ‘Goldilocks’ economic conditions that have been so favorable for REITs and Homebuilders so far this year. Both the S&P 500 (SPY) and Nasdaq (QQQ) climbed