EWRE News and Press, Invesco S&P 500 Equal Weight Real Estate From 09/25/22

Summary U.S. equity and bond markets plunged to the lowest levels of the year this past week after the Federal Reserve reiterated that further economic "pain" was necessary to cool inflation. Declining in five of the past six weeks and effectively erasing all of the benchmark's ga...

Summary Powell reiterates commitment to restoring price stability. ECB plans to continue rate hikes despite growth slowdown. How rising rates are impacting the U.S. housing market. On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristu...

Summary Industrial REITs- a perennial performance leader since 2015- have been slammed this year despite delivering stellar operating performance with demand for well-located logistics space continuing to outstrip supply. Just as valuations were recovering from the Amazon-related ...

Summary By mid-August, the average 30-year fixed mortgage rate was at 5%, down sharply from the 6%-range in mid-June. Yesterday, they were at 6.47%. Briefly dropping mortgage rates slowed down the decline in home sales - sales declined again in August from July but at a slower rat...

Summary The U.S. housing market is emerging from a period of price inflation not seen since the run-up to the global financial crisis. With the dynamics of the housing market shifting, it’s tempting to harken back to the global financial crisis, when subprime mortgages and ...

Summary Housing starts data notwithstanding, here’s why we think the US housing market deterioration will have a downside acceleration following what has been a surge in valuations. Spreads are widening while rates are rising. The results are simple. Housing may be in t...

Summary Relative to expectations, Tuesday’s report on Building Permits and Housing Starts was mixed, but overall, it was pretty lousy. As we have highlighted frequently over the years, Housing Starts have been an excellent leading indicator of the economic cycle. Lookin...

Summary U.S. Census Bureau and Department of Housing and Urban Development latest reading of August new residential housing starts of 1.575M was above the Investing.com forecast of 1.445M and is a 12.2% increase from the previous month's 1.404M. Privately‐owned housing star...

Summary Although consumers are benefiting from robust labor markets and strong balance sheets, they appear reluctant to buy high-cost durable goods. A key to navigating inflation risk is understanding its relationship with asset class returns. Historically, high-inflation episodes...

Summary Nobody knows how high interest rates have to rise in order to slow and ultimately reverse the recent rise in inflation. Only excess money causes inflation, and there seems to be a lot less of it recently, which is great news. Supply chain bottlenecks are clearing up ra...