REZ News and Press, iShares Trust Residential Real Estate From 08/10/23

2023-08-10 12:12:25 ET Mortgage rates neared the 7% mark, given a resilient economy with low unemployment and strong wage growth, according to the Freddie Mac Primary Mortgage Survey. The rates rose for the third straight week. 30-year fixed-rate mortgages averaged 6.96% as of A...

2023-08-10 08:27:26 ET Summary Certain areas of commercial real estate like warehouses and data centers had a strong first half and are well-positioned for growth in the coming periods. Macroeconomic trends like economic uncertainty and downturn have made commercial real estate a ...

2023-08-09 21:30:00 ET Summary Mortgage applications to purchase a home: -40% from 2022 and 2019, 3rd worst week since 1995, behind only two weeks in February. The 7%+ mortgages are doing their magic on the housing market as they keep buyers out of the market, and home sales sagge...

2023-08-08 06:44:00 ET Summary It looks like the overly anticipated intermediate-term stock market correction may have started right on schedule in the seasonally questionable August time period, when trading tends to be thin, and the market is easier to move one way or the other. ...

2023-08-06 05:47:00 ET Summary Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate sectors and their respective outlooks? Real wages have increased across the wealth spectrum, but suita...

2023-08-06 03:41:00 ET Summary The US economy continued to move forward in July, although some portions, especially manufacturing, are stumbling. While job growth remained solid in June, nonfarm payrolls rose by 209,000 for June, the smallest increase since the end of the Covid re...

2023-08-05 12:00:00 ET REITs fell this week as major indices suffered the impact of negative reactions from the market, arising from the recent downgrade by Fitch Ratings, jobs data and other macro factors. FTSE Nareit All Equity REITs declined 2.19% from last week, compared to the S&am...

2023-08-04 02:00:00 ET Summary If the typical American household was out looking for an affordable new home to buy in June 2023, they almost certainly didn't find it. ATTOM's report on overall home affordability in the U.S. for the second quarter of 2023 confirms the country ...

2023-08-03 12:13:44 ET Long-term mortgage rates rose on the back of upbeat economic data and the U.S. government credit rating downgrade, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.90% as of Aug. 3, compared to 6.81% last week and 4...

2023-08-01 05:15:00 ET Summary It’s Q2 earnings season, and many of our stocks are already exhibiting relative strength, which is a sign that money is gravitating to companies that will post the strongest quarterly results and the best future guidance. We’re finally ...