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Real Estate Daily Recap: Another Solid Day For Real Estate & Housing Sector

Following a 0.8% gain yesterday, the Hoya Capital US REIT Index finished the day higher by 0.7% as the 10-Year yield retreated again to a new three-year low at 1.46%. The hotel, student housing, and shopping center sectors were the winners on the day while the data center and single family rental sectors lagged. The S&P 500 finished the day higher by 1.1% while the Nasdaq climbed by 1.4%.

The Hoya Capital US Housing Index finished higher by 0.9% to end the day at new all-time-record highs. The Homebuilding and Homebuilding Products & Materials sectors led the way on the day while the Real Estate Technology & Brokerage sector lagged. Wayfair, At Home Group, KB Home, Trex, and American Woodmark led the gains on the day while Sleep Number, Zillow, and Redfin were the laggards.

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