REET News and Press, iShares Trust Global REIT From 11/07/23

2023-11-07 20:10:00 ET Summary New home prices are trending downward. They're falling, but they are falling very slowly. The average 30-year conventional fixed-rate mortgage now has an interest rate approaching 8%. Mortgage rates have doubled since 2019. The relative affordabi...

2023-11-06 15:40:00 ET Summary The history of construction spending since 1993 reveals that this data tends to weaken prior to recessions. For a recent dip in Residential Construction attributed to the rise in mortgage rates, this indicator is charging higher. The COVID disrup...

2023-11-04 10:00:00 ET Summary Interest rates are higher than pre-COVID 19 and expected to stay high in the long term, which should support yields. Real estate equity prices have fallen since early 2022, so new loan collateral values will likely be lower than previous peaks. P...

2023-11-03 01:25:00 ET Summary The nonfarm payroll employment unexpectedly jumped in September. The increase of 336,000 was the largest since January, and it was accompanied by upward revisions to the prior two months. The 12-month trend rate for the overall price index for person...

2023-10-31 10:00:00 ET Summary At the halfway point of earnings season, REIT earnings results have been stronger than expected - and certainly stronger than the recent dismal share price performance of REITs would indicate. Of the 40 equity REITs that have provided updated full-ye...

2023-10-29 09:30:00 ET Summary U.S. equity markets remained under pressure this week despite a retreat in benchmark interest rates as concerns over Middle East instability offset economic data showing decent growth and moderating inflation. Posting its worst October in five-years ...

2023-10-26 08:29:00 ET Summary Political Calculations' initial estimate of the market capitalization of new homes sold during the month of September 2023 is $30.62 billion. While September 2023's market cap is approaching the nominal, non-inflation adjusted peak from the housing b...

2023-10-26 02:45:00 ET Summary What homebuilder PulteGroup said about mortgage-rate buydowns. Homebuilders have figured out this market, homeowners have not. To sell new houses in this 8% mortgage environment, homebuilders – whose stocks have gotten battered since August &#...

2023-10-25 02:35:00 ET Summary We will focus on the apartment sector in the U.S. and Europe, with an emphasis on the moderately priced, or affordable segment of the market. Over the past 12 months, demand for apartments has remained near record levels across key strategic markets ...

2023-10-20 06:00:00 ET Summary Today’s higher interest rates and slowing growth have been elevating the need for property income stability in a real estate portfolio. The real estate sectors in favorable positions to sustain income stability during the current economic slow...