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REZ News and Press, iShares Trust Residential Real Estate From 07/13/23

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Company Name: iShares Trust Residential Real Estate
Stock Symbol: REZ
Market: NYSE

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REZ - Global Battery Metals to Increase Leinster Lithium Project Equity Interests to 55% with Second Property Option Exercise

Company Also Confirms Pursuit of Third and Final Option for 90% Earn-In Stake Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Global Battery Metals Ltd.  (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the " Company " or " GBML " or " Global Battery Metals "), an international crit...

REZ - How Real Estate Is Reacting To Continued Rate Hikes

2023-07-11 14:57:00 ET Summary Rising rates show resilience in the economy, which is benefiting real estate. Office real estate still facing challenges. Retail and industrial are bright spots. With central banks expected to hike rates further, how are the var...

REZ - Relative Affordability Of New Homes Worsens Slightly

2023-07-11 09:45:00 ET Summary The relative affordability of the median new home sold in the U.S. was little changed in May 2023. The net effect of these changes was to increase the amount that a fully-financed mortgage payment for the median new home sold in the U.S. costs. I...

REZ - Why The Fed's Call For A Housing Bottom Means Hawkish For Longer

2023-07-07 07:18:31 ET Summary The Federal Reserve has noted a bottoming out in the housing market, with improvements in home sales, builder sentiment, and new construction since the start of the year. Despite a recent moderation in housing services inflation, the Fed has expresse...

REZ - Economic And Financial Markets Review, June 2023

2023-07-06 23:23:00 ET Summary The U-3 unemployment rate moved up to 3.7 percent, a historically low figure but a big jump from the prior month’s level (3.4 percent, a figure not bettered since 1953). Housing activity remained mixed over the past month, with the new side of...

REZ - Long-term mortgage rates rise to their highest level in 2023

2023-07-06 12:11:01 ET Long-term mortgage rates rose to their highest level in 2023, driven by a resilient economy, persistent inflation and a hawkish tone from the Federal Reserve, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.81% as ...

REZ - Real Estate ETFs are on the radar after the latest round of mortgage data

2023-07-06 09:20:59 ET The real estate sector of the S&P 500 was put under the microscope on Thursday morning after the latest round of mortgage data showed that mortgage applications had dropped and mortgage rates had climbed. Mortgage applications declined 4.4% for the week that e...

REZ - The Looming Crash In Multifamily Rents: Is A Hard Landing Inbound?

2023-07-05 09:21:45 ET Summary The US rental market is experiencing a downturn, with more people ending leases than starting them overall. Apartment vacancy rates just matched the COVID-19 high of 7.2% and are rising. Meanwhile, multifamily housing construction just hit an all-tim...

REZ - Construction Spending On U.S. Manufacturing Plants Soars, To De-Globalize Supply Chains?

2023-07-04 06:32:00 ET Summary The amount spent on building manufacturing plants in May in the US jumped by 73% from a year ago, and by 147% from May 2021, to $15.7 billion, according to Census Bureau data today. Nonresidential construction spending overall in May rose 17% year-ov...

REZ - REITs Lead Quarter-End Rally

2023-07-02 09:00:00 ET Summary U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst w...

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