REET News and Press, iShares Trust Global REIT From 06/08/23

2023-06-08 01:59:21 ET iShares Global REIT ETF ( NYSEARCA: REET ) - $0.1311 . 30-Day SEC Yield of 3.45% as of April. 30. Payable Jun 13; for shareholders of record Jun 08; ex-div Jun 07. For further details see: iShares Global REIT ETF declares quarterly dist...

2023-06-06 10:43:00 ET Summary The reduction in new home sale prices in April 2023 combined with a small reduction in mortgage rates to boost their affordability. After increasing to 6.5% in March 2023, the average interest rate on a 30-year conventional mortgage dipped back to 6....

2023-06-06 05:38:00 ET Summary The US economy faces concerns such as Fed tightening, high inflation, tighter bank lending standards, and leading indicators pointing to a potential downturn. The job market remains solid, but some worsening data suggests that its strength may have p...

2023-06-06 02:44:07 ET Summary Despite high mortgage rates and lower sales, home prices in the US are increasing again due to low inventory levels. The "months of sales" ratio indicates that demand is again exceeding supply, putting upward pressure on home prices. High mortgag...

2023-06-04 09:00:00 ET Summary U.S. equity markets rebounded this week as a critical slate of employment data provided evidence of a 'soft' economic landing, showing stronger-than-expected job growth combined with a cooldown in wage pressures. Closing the week at its highs for the...

2023-06-01 09:00:26 ET Summary Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening cycle. Commercial real estate, in particular, has ...

2023-06-01 02:00:00 ET Summary Spring selling season was a dud. But what comes next may be worse, that’s what mortgage applications and investors tell us. The average interest rate on 30-year fixed-rate mortgages with conforming balances jumped to 6.91%, the highest since N...

2023-05-31 14:35:00 ET Summary With higher rates, fewer people can afford to buy homes. The result is a slowing in home sales that sees no signs of recovery. The slowdown in existing single-family home sales is strongest in regions that saw the most growth. By Alli...

2023-05-30 19:15:00 ET Summary March data shows a bounce in home prices in cities like San Diego, San Francisco, LA, Denver, and Phoenix, while Las Vegas, Miami, and Seattle saw declines. Miami has the highest year-over-year gain at 10.86% and is up 59.87% from pre-COVID levels. ...

2023-05-30 04:36:19 ET Summary REET is not going to be able to escape the higher cost of capital, and the Fed seems determined to keep going with hikes. While REET has a lot of exposure to resilient categories that should be able to withstand higher rates, as a global value-weight...