IYR News and Press, iShares U.S. Real Estate From 05/23/24

2024-05-23 07:12:11 ET Summary REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentage of revenue. Higher insurance premiums reduce...

2024-05-23 06:00:00 ET Summary Sales of existing homes of all types were still dogged by the 7% mortgage rates, but a shift has been taking place that took amplitude in April. The seasonally adjusted annual rate of sales late last year had been the lowest since the depth of the Ho...

2024-05-21 14:24:54 ET More on Real Estate: Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes REITs see marginal increase in short interest as of April-end, says report REITs cut capital raising activities by more than half in April, ...

2024-05-20 10:50:00 ET Summary Whatever traders and investors were focused on last week, the result was a drop in interest rates across the curve, with the 10-year Treasury yield dropping by about 8 basis points. Over the last month, with the 10-year yield down a little over 16 ba...

2024-05-20 03:59:12 ET Summary With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) per...

2024-05-20 02:53:00 ET Summary The US economy grew 3.1% last year, trouncing widespread calls for a recession and exceeding my relatively sober expectation for 2% growth. The correct way to view the interplay between growth and inflation is to first understand that high inflation ...

2024-05-19 09:00:00 ET Summary U.S. equity markets climbed to fresh record highs, while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown. Reflecting the mounting quantity of downside economic ...

2024-05-18 12:00:35 ET Flip Side 0.18% unchanged shelter index said in a recent note persistent housing inflation More on Real Estate: CPI in charts: Consumer price growth slows in April Jerome Powell reiterates wait-and-see approach to Fed's monetary...

2024-05-16 08:00:00 ET Summary Managers are increasingly focusing on sectors beyond tech that could benefit from the rise in AI in the short term. These include healthcare and consumer companies, which also have more attractive valuations. Globally, managers anticipate an increase...

2024-05-16 07:47:10 ET More on Real Estate: XLRE: Quality Beats Quantity Once Again XLRE: Could You Do Better? REITs cut capital raising activities by more than half in April, says report Short interest in real estate stocks decline in April as sector deliver...