REZ News and Press, iShares Trust Residential Real Estate From 08/19/23

2023-08-19 12:00:12 ET REITs declined in the week ended Aug. 18 as rate hike concerns weighed on sentiments. All voting members of the Federal Open Market Committee voted to raise the policy rate by 25 basis points at the July 25-26 meeting, according to the minutes of the FOMC's Ju...

2023-08-18 23:45:00 ET Summary Activity in residential real estate has stagnated, but prices are holding up better than expected due to low inventories and a lack of forced sellers. Commercial real estate, on the other hand, looks to be in a very different situation with excess in...

2023-08-17 12:23:18 ET Long-term mortgages exceeded 7% this week as the economy continues to do better-than-expected, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 7.09% as of Aug. 17, up from last week when they averaged 6.96% and 5.13%...

2023-08-17 01:25:00 ET Summary The latest reads on Housing Starts and Building Permits for the month of June were released on August 16th and showed mixed results relative to expectations. For both starts and permits, single-family was stronger than multi on both an m/m and y/y ba...

2023-08-16 23:29:00 ET Summary Today's Mortgage Bankers Association data shows the average 30Y fixed rate mortgage agreed last week came in at 7.16%, matching the high hit on 21 October last year. The average mortgage taken out for a purchase last week was $417,200, which at 7.16%...

2023-08-16 00:30:00 ET Summary As the national average for a 30-year fixed rate mortgage eclipsed 7.5% recently, homebuilder sentiment has turned lower. The Housing Market Index from the NAHB fell to 50 in August from 56 the previous month. That six point drop month over month...

Phase 2 Drilling Underway at Knockeen Prospect; Company Engages European Critical Raw Materials & Sustainability Expert to Steward Social License Activity Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - Global Battery Metals Ltd.  (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ...

2023-08-12 12:00:00 ET REITs increased this week given the solid quarterly results, even though major indices declined on the back of higher inflation and jobless claims data. The Consumer Price Index rose 0.2% in July, with inflation from shelter accounting for over 90% of the infl...

2023-08-10 15:23:24 ET Summary Nearly 200 U.S. REITs have reported second quarter earnings results over the past month, providing critical information on the state of the commercial and residential real estate industry. Of the 86 equity REITs that provide full-year Funds from Oper...

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...