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Real Estate Daily Review: REITs and Housing Deliver Strong Day, Led By Homebuilders

The Hoya Capital US REIT Index climbed 1.8% on the day with all REIT sectors finishing the day in the green. The healthcare, mall, and single family rental REIT sectors were the strongest performers, while the hotel and office sectors were the relative under-performers. The S&P 500 climbed 1.2% on the day while the Nasdaq ended the day higher by 1.6%. At 2.54%, the 10-Year Yield finished flat on the day.

On the day, the Home Improvement Retail and Homebuilder sectors were the two strongest performing industry sectors in the Hoya Capital US Housing Index. Williams Sanoma (WSM), Eagle Materials (EXP), DR Horton (DHI), Meritage (MTH), and Ventas (VTR) were the top performers on the day.

The Mortgage Lenders sector was the lone housing sector in negative territory, dipping 0.9% on the day. Regions Financial (RF), Huntington (HBAN), M&T (MTB), PNC Financial (PNC), and SunTrust (STI) were the weakest performers on the day.

Disclosure: An investor cannot invest directly in an index and index performance does not reflect the deduction of any fees, expenses or taxes. The information presented does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. We consider the information in this presentation to be accurate, but we do not represent that it is complete. It should not be relied upon as the sole source of suitability for investment. Please consult with your investment, tax or legal adviser regarding your individual circumstances before investing. Visit our website for a complete definition of all indexes cited in this report. Investing involves risk and loss of principal is possible.