SNBR - REITs Extend Rally To 6th Straight Week Housing Stocks Jump
Real Estate Weekly Review
What a difference a year makes! Coming off their worst year since the financial crisis, the real estate sector has roared back to life in 2019 with broad-based gains across nearly every residential and commercial real estate category. The REIT ETFs (VNQ and IYR) delivered their sixth consecutive week of gains, the longest such streak of consecutive weekly gains since the financial crisis, pushing their YTD gains to nearly 14%.
Meanwhile, the S&P 500 (SPY) climbed 2.5% on the week on signs of improving trade talks between