SCHH News and Press, Schwab U.S. 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...

2023-11-05 09:00:00 ET Summary U.S. equity and bond markets posted their best week of the year after employment data showed early evidence of the long-elusive cooldown in labor markets. After dipping into "correction territory" last Friday, the S&P 500 posted five straight day...

2023-11-04 12:00:00 ET More on REITs: RWR: The Time Might Be Now Jobs Market Cools In October, Rate Cuts On The Horizon, XLRE A Buy ICF: Heavy Exposure To CRE Structural Headwinds, Reversal Difficult To Vision Broader markets hurt REITs despite solid earnings...

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...

2023-10-30 13:51:33 ET Summary REITs averaged a -7.14% total return in September and have fallen into the red year to date. Small cap REITs (-6.51%) outperformed yet again in September. Micro caps (-10.45%) continue to severely underperform their larger REIT peers. Only 9.74% ...

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 ...

2023-10-28 12:19:40 ET More on REITs: SCHH: Speculative Buy On Fed Pivot SCHH: Better Options Out There MORT: No Real Compelling Case To Buy Invesco KBW Premium Yield Equity REIT ETF declares monthly distribution of $0.1279 REITs fall as earnings seas...