FRI News and Press, First Trust S&P REIT Index Fund From 06/07/24

2024-06-07 09:00:00 ET Summary Construction of single-family homes is recovering, but multi-family buildings are falling. The economic drivers of housing supply and demand indicate continued softness in the second half of 2024, but 2025 looks a little better. Housing demand de...

2024-06-06 10:48:04 ET More on REITs: UMH Properties logs highest increase in Q1 same-store NOI among equity REITs Q1 earnings hold steady for equity REITs on a quarterly as well as yearly basis REITs said to have returned more capital to investors in Q1 Apar...

2024-06-06 07:30:00 ET Summary The initial estimate of the median sale price for a new home in April 2024 is $433,500. With an estimated median household income of $77,760, the monthly mortgage payment for a new home would consume 44.5% of the income earned by a typical American h...

2024-06-06 05:59:00 ET Summary The over-7% mortgage rates seem to have become a fixture in the housing market. Mortgage applications to purchase a home dropped further in the latest reporting week. Volume of pending sales in April, an indicator of closed sales in May and later...

2024-06-05 08:30:00 ET Summary The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024. This came with enhanced volatility. There are current headwinds, including softeni...

2024-06-05 05:10:00 ET Summary High vacancies, increasing taxes and utilities and heavy debt loads are causing some property owners to simply walk away from significant buildings. Pfizer rose to $61 in December 2020 shortly after its vaccine came to market; it now looks decidedly ...

2024-06-03 10:05:00 ET Summary Last week was a volatile one for markets, with big swings in stocks and bonds in a holiday-shortened week. Interest rates shot up 18 basis points on Tuesday and Wednesday and while that didn’t change any trends, it is a pretty big move for a c...

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Freeport Resources Inc. (TSXV: FRI) (OTCQB: FEERF) (FSE: 4XH) (" Freeport Resources " or the " Company ") is pleased to announce that it has closed a fourth tranche of its non-brokered private placement offering (the " Offering ") for...

2024-06-02 09:00:00 ET Summary U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declin...

2024-06-01 12:00:53 ET More on Real Estate: UMH Properties logs highest increase in Q1 same-store NOI among equity REITs Mortgage rates increase as markets continue to dial back rate cut hopes Mortgage applications fall as rates rise Q1 earnings hold steady f...