WREI News and Press, Invesco Wilshire US REIT From 02/22/19

Introduction Normally, I don't post on existing home sales, but since no data on new home construction or sales beyond last November has been reported yet, this, along with purchase mortgage applications, is the best data we have. Mortgage rates and home prices relative to income suggest a...

By Jill Mislinski Thursday morning's release of the January Existing-Home Sales was down from the previous month's revised 5.00M to a seasonally adjusted annual rate of 4.94 million units. The Investing.com consensus was for 5.01 million. Here is an excerpt from Thursday's report from th...

We’ve all grown pretty accustomed to weaker-than-expected housing data over the last several months, but on Tuesday morning we got some positive news, as homebuilder sentiment not only improved in February but also came in higher than expected. According to the NAHB , homebuilder sen...

Recent reports from the housing sector point to a new round of weakness in this critical slice of the US economy, potentially raising a warning flag for the year ahead. The jury's still out, in part because a critical update has been delayed, due to the partial government shutdown that ended l...

There may be a similar post to this one back in the previous 342 housing posts, but something I happened upon today reminded me of it. Price trends among sold homes, vacant homes for sale, and existing homes give a clue about what happened during the turn in housing. I haven't shown it here,...

The hope in early January has been unwound. A month ago, mortgages reappeared in the housing-hype circus, when it was widely reported that mortgage applications "soared" and "jumped." Both types of mortgage applications did so: those used to purchase a home (purchase mortgages) and those u...

Real estate - particularly residential real estate - is an extremely important factor when discussing recessions in the modern era. To a certain extent, real estate is where economic theory goes to die. One possibility is that the theory was largely developed when the norms in real estate in...

REIT Performance This was the best January for the S&P 500 in 32 years and the best month for small caps since 2011. However, even the strong performance of the S&P (+8.02%) fell well short of the REIT sector’s tremendous January return (+14.28%). REITs also substantially...

By Guy Barnard, CFA and Tim Gibson "Real Matters" provides the latest insights and thoughts from the Janus Henderson Global Property Equities Team. Tim Gibson and Guy Barnard, Co-Heads of Global Property Equities, discuss the recent performance of REITs and the diversification benefits th...

Posted by David Wertheim, Senior Client Portfolio Manager on Feb. 8, 2019, in Alternatives The basis of asset allocation is to combine asset classes that have low performance correlations, with the goal of optimizing the risk-return profile of the overall portfolio. A traditional...