Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes

Real estate stocks continue to surge as soft inflation reports fuel rate cut hopes. The Real Estate Select Sector SPDR ETF outperformed the major market averages for the third straight week. The April Consumer Price Index headline inflation came in slightly lower than expected. Housing starts increased in April and the Dow Jones Industrial Average surpassed 40,000.

Winners Of REIT Earnings Season

May 2024 Active Management Insights: Beyond The Magnificent 7

Home Market Outlook Today's Market May 2024 Active Management Insights: Beyond The Magnificent 7. Managers are increasingly focusing on sectors beyond tech that could benefit from the rise in AI. Globally, managers anticipate an increase in mergers and acquisitions through the rest of 2024.

REITs see marginal increase in short interest as of April-end, says report

Weekly Report: what happened at NURE last week (0506-0510)?

Real estate stocks continue to outperform broader markets with increased chances of rate cut

Real estate stocks continue to outperform broader markets with increased chances of rate cut in 2024. 3 S&P 500 real estate stocks that reported their quarterly results this week posted an earnings beat. Mortgage rates declined in the wake of a weaker-than-expected jobs report. Sweden became the latest country in Europe to ease monetary policy.

U.S. Real Estate Spring 2024 Report: Four Quadrant Perspectives

Will Housing Inflation Keep Interest Rates Higher For Longer?

Housing prices are once more looking resilient after the Federal Reserve’s most aggressive tightening policy in decades. Housing prices are rising faster than the shelter component in the consumer price index in year-over-year terms. The revival in a firmer housing price trend is striking before the Fed has started cutting interest rates.

Rising Interest Rates And Prices Making New Homes Less Affordable

New homes in the U.S. Became less affordable in March 2024. The median price of a new home sold rose to $430,700 and the average interest rate on a 30-year fixed rate conventional mortgage increased to 6.82%. The mortgage payment on a new house in 2024 would consume 43.4% of the monthly income earned by an American household.

Resilient U.S. Housing Market Defies Lofty Rates

US housing has weathered surging mortgage rates. Thin inventory and pent-up demand could create opportunity. We expect increased future demand from millennials and first-time homebuyers. The US housing market continues to defy traditional notions about rising rates. Pockets of demand should help support home prices.

Good Month For New Home Sales Not Yet Enough To Break Downtrend

Weekly Report: what happened at NURE last week (0429-0503)?

Real estate stocks outperform major market averages as rate hikes are ruled out, earnings continue to grow

Real estate stocks outperform major market averages as rate hikes are ruled out, earnings continue to grow. The Federal Reserve held rates steady for a sixth straight meeting. Core PCE inflation accelerated to 3.7% and real GDP slowed to 1.6%. The median sale price of luxury homes hit an all-time high in the first quarter.

Sticky Inflation: The Tactical And Strategic Importance Of Real Assets

Home Investing Strategy Portfolio Strategy Sticky Inflation: The Tactical And Strategic Importance Of Real Assets. As inflation proves stickier than anticipated, the role of real assets in a diversified portfolio becomes increasingly important for inflation mitigation. Historically, during higher inflationary periods, real assets have offered risk mitigation against economic hardships.

Nuveen Short-Term REIT ETF: Additional definitive proxy soliciting materials and Rule 14(a)(12) material

Nuveen Short-Term REIT ETF: Correspondence

Weekly Report: what happened at NURE last week (0422-0426)?

Real estate stocks finish in green as analysts turn positive, earnings surprise to upside

Real estate stocks finish in green as analysts turn positive, earnings surprise to upside. The real estate stocks ended the week in green after three consecutive weeks of declines. The sector delivered strong earnings, even amid dim chances of a near-term rate cut. Alexandria Real Estate Equities and CoStar Group were among the best performing real estate names this week.

Biggest Landlords Pile Into 'Build-To-Rent' Single-Family Houses, But Sell Older Houses Into This Overpriced Market

Home Real Estate Analysis Biggest Landlords Pile Into 'Build-To-Rent' Single-Family Houses, But Sell Older Houses Into This Overpriced Market. Building professionally managed communities of single-family houses for rent, with their own leasing and maintenance offices, is the hottest trend in new house construction. The biggest landlords have begun selling thousands of older houses scattered all over the place. American Homes 4 Rent and Invitation Homes sold over 3,000 older houses combined in 2023.

Mortgage Pain Has Not Peaked Yet

Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year. In Canada, where fixed mortgage rates are back above 5%, March home sales and prices were mostly unchanged month-over-month. Oxford Economics forecasts that mortgage payments will increase by another 6% to $156 billion by the end of 2024 in Canada. The hardest hit will be low to medium-income households.