VNQ News and Press, Vanguard Real Estate From 07/17/24

2024-07-17 04:35:00 ET Summary The US economy is still growing (positive GDP) but growth has slowed and signs of weakness are apparent. This should not be a surprise: the Federal Reserve raised interest rates by about 5.5% between Spring of 2022 and Summer of 2023 in an attempt to slo...

2024-07-17 03:40:00 ET Summary While stocks of large US companies have done well over the last few years, stocks of small US companies are negative. Year-to-date, the cap-weighted S&P 500 has returned 3 times the return of the S&P 500 Equal-Weight. Although the S&P...

2024-07-16 14:20:00 ET Summary In taking a deeper dive into the existing home sales report for May, I noticed that the distribution of sales across the six price “buckets” shows a different story than the headline number broken out by sales region. Recent reports ind...

2024-07-16 09:10:00 ET Summary The affordability of new homes sold in the United States was little changed in May 2024. With the mortgage payment for the typical new home sold consuming 43% of the income earned by a household in the exact middle of the distribution of income in th...

2024-07-16 07:45:00 ET Summary Many investors think that Fed controls the destiny of REITs. If rates remain high, REITs are screwed. If they are cut, REITs will recover. I disagree. Here's why I expect REITs to thrive even in a "higher for longer" environment. Lately, th...

2024-07-14 09:00:00 ET Summary U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a cooler-than-expected CPI report. Headline CPI declined ...

2024-07-14 08:53:02 ET Summary American Homes 4 Rent is a REIT that owns and leases single-family homes nationwide. Its portfolio is well-diversified and in a market with favorable supply/demand dynamics. With such a low leverage, strong liquidity, performance momentum, and lo...

2024-07-13 12:00:00 ET More on real estate Explained: The True Story About U.S. Housing Inventory Home prices relentlessly climb to new heights despite elevated mortgage rates: Redfin Commercial real estate risk may last for years, Fed's Powell warns Dividend...

2024-07-12 15:22:45 ET Summary We discuss why our base case for the U.S. economy is stagflation. We share a 15-stock portfolio that is well-positioned for a stagflationary environment. We share why it is positioned to deliver an attractive current dividend yield along with str...

2024-07-12 14:23:14 ET Summary Market consensus predicts a 70% chance of a 25 basis point rate cut in September and two cuts by December. Falling interest rates could benefit REITs through cap rate decline, transaction volume increase, cost of capital reduction, multiple expansion...