XLRE News and Press, Real Estate Select Sector SPDR Fund From 06/08/24

2024-06-08 14:22:00 ET More on Apple Hospitality, Boston Properties, etc. Boston Properties: Tentative Signs The Office Market Is Getting Less Weak (Rating Upgrade) Invitation Homes: Positive June Update Strengthens Favorable Long-Term Dynamics W. P. Carey Inc. (WPC)...

2024-06-07 19:12:00 ET The S&P 500 ( SP500 ) on Friday rose 1.32% for the week to end at 5,346.99 points, posting gains in four out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) rose 1.26%.... Read the full article on Seeking Alpha ...

2024-06-07 10:03:31 ET Summary Simon Property Group (SPG) has outperformed the Real Estate sector and the S&P 500, providing a total return of nearly 50% since October 2023. SPG's diverse property offerings and expansion efforts contribute to its strong financials and liquidit...

2024-06-07 09:00:00 ET Summary Construction of single-family homes is recovering, but multi-family buildings are falling. The economic drivers of housing supply and demand indicate continued softness in the second half of 2024, but 2025 looks a little better. Housing demand de...

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 08:35:51 ET Summary Considering the Fed's close watch on labor market figures, the May figures will be key as they may well confirm that a slowdown is indeed underway. After a weak April, the employment situation is forecast to be sluggish again. This ties in with muted...

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 ...