FRI News and Press, First Trust S&P REIT Index Fund From 07/01/23

2023-07-01 02:15:00 ET Summary Most commercial real estate construction in the U.S. is showing signs of slowing as elevated interest rates continue to put the clamps on available capital. However, manufacturing facilities construction is a notable exception - with spending levels ...

2023-06-30 20:10:00 ET Summary My focus usually lies with stock indexes, sectors, and commodities, but today, we venture into the real estate market. Real estate is a market that many people don’t fully comprehend. Many are excited by the robust housing market, believing it...

2023-06-30 10:30:00 ET Summary To the surprise of countless pundits, the U.S. housing industry has quietly started to emerge from its year-long recession, thawing from a deep freeze induced by historically aggressive monetary tightening. Rebounding from punishing declines of nearl...

2023-06-29 12:00:00 ET Summary The initial estimate of the market capitalization of new homes sold during the month is $29.44 billion. Much of the increase was driven by a sharp increase in the number of new home sales. The initial estimate of the median price of a new home so...

2023-06-29 06:04:48 ET Summary Allow me to utilize 2 overused quotes: Buy when there is blood in the streets. Be greedy when others are fearful. REIT bearishness has spread maximally and has resulted in a tremendous discount in REITs vs. the S&P. REITs are now tr...

2023-06-28 21:30:00 ET Summary Based on its historical growth and income characteristics, commercial real estate (private real estate) represents a significant allocation for many institutions and family offices. According to the 2022 Institutional Real Estate Monitor, real estate...

2023-06-28 08:40:44 ET First Trust S&P REIT Index Fund ( NYSEARCA: FRI ) - $0.3398 . 30-Day SEC Yield of 3.85% as of May. 31. Payable Jun 30; for shareholders of record Jun 28; ex-div Jun 27. For further details see: First Trust S&P REIT Index Fund de...

2023-06-27 23:10:00 ET Summary The median price of new single-family houses sold in May fell by 7.6% from a year ago, and by 16% from the peak in October, to $416,300. The average price of new single-family houses dropped by 6.6% year-over-year to $487,300, down 14% from the peak ...

2023-06-27 10:00:00 ET Summary Recovering from a sharp sell-off in the wake of the Silicon Valley and First Republic Bank collapses, Mortgage REITs have rebounded as turmoil across interest rate markets has calmed. Distress in the commercial and residential real estate markets has...

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