New Home Sales Unexpectedly Fall To 7-Month Low

Housing Market Crash Is On The Horizon

Existing Home Sales Fall Further As Median Price Reaches Record High

Existing home sales fell for a fourth straight month in June as the median price reached a new record high. The median price for existing homes reached a record high in June, climbing to $426,900, the fifth consecutive monthly rise. Exexisting home sales are down 5.4% compared to one year ago.

Equity REITs to see decline in Q2 AFFO per share - report

6 REITs reportedly raise dividend in June, Innovative Industrial Properties logs largest increase

Weekly Report: what happened at REM last week (0715-0719)?

Real estate stocks gain as traders look for alternatives to tech stocks

Real estate stocks gain as traders look for alternatives to tech stocks. The real estate sector kicked off the quarterly earnings season on a positive note. The markets priced in a near certainty of a Federal Reserve rate cut in September. Equinix and Digital Realty Trust were the worst-performing S&P 500 real estate stocks of the week.

Better Than Expected Housing Data, But Starts And Permits Remain Weak

The Housing Market Hit A Wall In May/June - It's Headed South Pronto

Home Real Estate Analysis The Housing Market Hit A Wall In May/June - It's Headed South Pronto. Recent reports indicate a surge in listings and price cuts in previously hot housing markets. The homebuilder stocks went straight up the last three days of the week. Homebuying conditions in June hit a record low.

REM: A Likely Beneficiary From The Fed Pivot

IShares Mortgage Real Estate Capped ETF (REM) has substantially underperformed the SPDR S&P 500 in 2024. The iShares mortgage real estate capped ETF invests exclusively in U.S. MREITs holding residential and commercial mortgages. Fed rate cuts will likely boost net asset values and dividends. The fund offers a well-covered 9% yield even after the 0.48% expense ratio. REM is a likely beneficiary from a likely Fed monetary policy pivot.

New Homes 'Seriously Unaffordable' In U.S.

Weekly Report: what happened at REM last week (0708-0712)?

Real estate stocks post the largest gain among S&P 500 sectors

Commercial real estate risk may last for years, Fed's Powell warns

Commercial real estate risk may last for years, Fed's Jerome Powell says. The Fed's stress tests of U.S. Banks this year included commercial property risk. Smaller banks with higher exposure to CRE are being watched by regulators. The commercial property sector will likely remain stressed for years.

The State Of U.S. Real Estate Is Not Good

NAR U.S. Pending Home Sales Index dropped 2.1% MoM in May, down 6.6% YoY. The position of new home buyers in 2024 is unprecedented. Since January 2021, the average 30-year fixed rate has increased by 4.21%. Any new real estate investments are going to be negatively leveraged for the foreseeable future.

Weekly Report: what happened at REM last week (0701-0705)?

A Fragile Facade

Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment

Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment. S&P 500 advanced 1.95% from last week. The labor market data supports the case for Federal Reserve interest rate cuts. Mortgage applications dropped this week as rates bounced back up.

Commercial Real Estate Distress Rates Are Still Rising With No End In Sight

REITs continue to reduce NAV discount amid increased rate cut hopes