The REIT ETFs (VNQ and IYR) ended the day lower by 0.7% following the strong NFP jobs report on Friday, but still ended the week higher by nearly 3%. The yield-oriented and defensive sectors including student housing, net lease, and healthcare REITs led to the downside on Friday while data center and industrial REITs were the best performers.

The Homebuilder ETFs (XHB and ITB) finished the day modestly lower, but jumped nearly 7% on the week. KB Homes (KBH) was the strongest performer on the day, rising by 2% while Pulte (PHM) was the weakest.

The S&P 500 ETF (SPY), meanwhile, finished higher by 0.1% while the NASDAQ ETF (QQQ) declined 0.4%. For the month, the S&P 500 delivered it's strongest January in 30 years, rising more than 7%. REITs climbed by nearly 12% for the month while Homebuilders climbed 13%.