FRI News and Press, First Trust S&P REIT Index Fund From 08/18/22

Excluding the lockdown recession, sales are at their lowest since November 2015. Sales in the market for existing single-family homes, which account for about 89 percent of total existing-home sales, dropped 5.5 percent in July, coming in at a 4.31 million seasonally adjusted annual r...

Data Center REITs have become "battleground" stocks this year after short-selling firm Chanos & Company launched a fund that will bet against data center REITs described as the firm's "Big Short." Data Centers are among the worst-performing property sectors this year even after re...

A few days ago I wrote an article on Safehold. However, there's some recent news worth sharing. We're maintaining a Strong Buy with SAFE. A few days ago, I wrote an article titled, I'm Doubling Down On This 'Safe' Bet , in which I explained “Ju...

“Housing Starts” - the number of housing units on which construction started - in July dropped by 9.6% from June and by 8.1% year-over-year to a “seasonally adjusted annual rate” of 1.446 million housing units. In July, the number of units started in buildi...

Housing represents a large share of the US economy on both a direct and indirect basis, so its health says about the state of the overall economy. Updates on Building Permits and Housing Starts were mixed relative to expectations for July. For the current period, Housing Starts re...

The confidence of builders of single-family houses, after the second-biggest plunge in the data last month, fell again in August. Traffic is an indication of interest by buyers. And with the headwinds buyers face, including sky-high prices and 5%+ mortgage rates, they’ve lost i...

Total housing starts fell to a 1.446 million annual rate in July from a 1.599 million pace in June, a 9.6% drop. Starts of multifamily structures with five or more units decreased 10% to 514,000 but are up 17.4% over the past year, while starts for the two- to four-family-unit segment...

The US has seen a rebound in manufacturing and industrial output, coupled with a decent performance from the consumer sector and net trade and inventories being less of a drag. These factors put together support our view of 3%+ GDP growth in 3Q. However, the housing market, a weak...

Management raises outlook and expects 2022 AFFO to increase 14% YoY. The portfolio is becoming more diversified in other industries. Tenant credit metrics show a rosy picture over the course of this year. The stock valuation is favorable, and the stock is a strong buy. ...

Long-term investors need to have a strategy they can stick with no matter what happens, a strategy that keeps them on an even keel. Investing is hard and determining your risk tolerance is far from an exact science. There are a lot of people these days who seem to want the market ...