USRT News and Press, iShares Core U.S. REIT From 06/06/24

2024-06-06 10:48:04 ET More on REITs: UMH Properties logs highest increase in Q1 same-store NOI among equity REITs Q1 earnings hold steady for equity REITs on a quarterly as well as yearly basis REITs said to have returned more capital to investors in Q1 Apar...

2024-06-06 07:30:00 ET Summary The initial estimate of the median sale price for a new home in April 2024 is $433,500. With an estimated median household income of $77,760, the monthly mortgage payment for a new home would consume 44.5% of the income earned by a typical American h...

2024-06-06 05:59:00 ET Summary The over-7% mortgage rates seem to have become a fixture in the housing market. Mortgage applications to purchase a home dropped further in the latest reporting week. Volume of pending sales in April, an indicator of closed sales in May and later...

2024-06-05 08:30:00 ET Summary The month of May continued the bull market trajectory which started back in October 2022 and has now produced positive returns for 4 out of the first 5 months of 2024. This came with enhanced volatility. There are current headwinds, including softeni...

2024-06-05 05:10:00 ET Summary High vacancies, increasing taxes and utilities and heavy debt loads are causing some property owners to simply walk away from significant buildings. Pfizer rose to $61 in December 2020 shortly after its vaccine came to market; it now looks decidedly ...

2024-06-03 10:05:00 ET Summary Last week was a volatile one for markets, with big swings in stocks and bonds in a holiday-shortened week. Interest rates shot up 18 basis points on Tuesday and Wednesday and while that didn’t change any trends, it is a pretty big move for a c...

2024-06-02 09:00:00 ET Summary U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declin...

2024-06-01 12:00:53 ET More on Real Estate: UMH Properties logs highest increase in Q1 same-store NOI among equity REITs Mortgage rates increase as markets continue to dial back rate cut hopes Mortgage applications fall as rates rise Q1 earnings hold steady f...

2024-06-01 06:00:00 ET Summary While the U.S. Consumer Price Index has seen a significant decline from its 2022 peak, the shelter component remains somewhat stubborn. As mortgage rates remain high and as property values hover at their peaks, many continue to wonder when this piece...

2024-05-31 03:45:00 ET Summary After the preceding month's better-than-expected numbers, the number of new home sales in the U.S. fell in April 2024. Mortgage rates rising faster than incomes reduce the relative affordability of new homes, putting them out of reach for a majority ...