Hoya Capital | Income Builder | REITs & ETFs

View Original

Real Estate Daily Recap: Another Solid Day for Real Estate, Led By Residential REITs

For the second straight day, the Hoya Capital US REIT Index finished the day higher by 0.5%, led by the single family rental, student housing, and manufactured housing REIT sectors. The timber, hotel, and mall REIT sectors lagged on the day. The S&P 500 finished higher by 0.1% while the Nasdaq finished higher by 0.5%. The 10-Year yield finished the day higher by 2 basis points.

The Hoya Capital US Housing Index finished the day flat, remaining with 0.1% of all-time record highs. Three of the eight housing sectors finishing in positive territory with Residential REIT and Mortgage Lending and Servicers sectors leading the way. Wayfair, Real Page, Zillow, Restoration Hardware, and Invitation Homes were each up at least 1% on the day.

For an in-depth analysis of all real estate sectors, be sure to check out all of our quarterly reports: Homebuilders, Apartments, Student Housing, Single Family Rentals, Manufactured Housing, Cell Towers, Healthcare, Industrial, Data Center, Malls, Net Lease, Apartments, Shopping Centers, Hotels, Office, Storage, and Real Estate Crowdfunding.

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.