The REIT ETF indexes (VNQ and IYR) finished the week lower by 0.5% as the 10-year yield was unchanged near the lowest levels of 2017. The S&P 500 (NYSEARCA:SPY) climbed 0.3%. The homebuilder ETFs (XHB and ITB) were higher by 0.6% on the week after strong new and existing home sales data . The commercial construction ETF (NYSEARCA:PKB) gained 0.2%, in part due to renewed discussion about the “solar wall†along the Mexico border.
The six best performing REITs this week were Care Capital (NYSE:CCP), DuPont Fabros (NYSE:DFT), Omega Healthcare (NYSE:OHI), Digital Realty (NYSE:DLR), Coresite (NYSE:COR), and Education Realty (NYSE:EDR).
The six worst performing REITs were DDR Corp (NYSE:DDR), Urban Edge (NYSE:UE), Spirit Realty (NYSE:SRC), Verreit (NYSE:VER), National Retail (NYSE:NNN), and Weingarten Realty (NYSE:WRI).
Every week, we like to dive deeper into the economic data that directly impacts real estate.
The REIT ETF indexes (VNQ and IYR) finished the week lower by 0.5% as the 10-year yield was unchanged near the lowest levels of 2017. The S&P 500 (NYSEARCA:SPY) climbed 0.3%. The homebuilder ETFs (XHB and ITB) were higher by 0.6% on the week after strong new and existing home sales data . The commercial construction ETF (NYSEARCA:PKB) gained 0.2%, in part due to renewed discussion about the “solar wall†along the Mexico border.
The six best performing REITs this week were Care Capital (NYSE:CCP), DuPont Fabros (NYSE:DFT), Omega Healthcare (NYSE:OHI), Digital Realty (NYSE:DLR), Coresite (NYSE:COR), and Education Realty (NYSE:EDR).
The six worst performing REITs were DDR Corp (NYSE:DDR), Urban Edge (NYSE:UE), Spirit Realty (NYSE:SRC), Verreit (NYSE:VER), National Retail (NYSE:NNN), and Weingarten Realty (NYSE:WRI).
Every week, we like to dive deeper into the economic data that directly impacts real estate.
More Including Additional Graphs, Data Etc. http://uschnews.com/real-estate-weekly-strong-home-sales-data-center-reits-climb-on-oracle-earnings/
For those into REITs etc. this may be a good link to save and check back on regularly
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