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.

ICF: Not As Attractive As The CEFs From Cohen & Steers

Will Commodities Continue To Outperform In 2024?

Most of the major asset classes are in the red so far this year. A widely followed marker in the commodities rally is this year’s rise in gold. The second-best performer in 2024 is the fast-deflating US stock market. James Picerno says commodities are the upside outlier by a wide margin.

Sell Alert: 5 Worst REIT Categories To Buy In 2024

Real estate investment trusts are at their lowest valuations since the financial crisis. But not all REITs are worth buying. Here are 5 of my least favorite REIT categories to buy in 2024. Self storage, hotels, and other hotels are the worst to avoid.

Weekly Report: what happened at VNQ last week (0415-0419)?

Very Bad News For Realty Income

Realty Income is facing more and more headwinds. The company has become too big for its own good. Its M&A deals have diluted the portfolio quality of the company. Realty Income will suffer from diseconomies of scale going forward. Martin Barraud sold his position in Realty income in December.

A Hawkish Pivot

U.S. Equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs. The S&P 500 declined another 3.1% this week. High-flying technology stocks were particularly hard hit. Earnings season is off to a shaky start for office REITs.

Real estate stocks continue on downward trajectory as market's April pullback intensifies

Real estate stocks continue on downward trajectory as market's April pullback intensifies. U.S. Existing home sales slid 4.3% in March. Economic activity expanded slightly, the Federal Reserve said in its April Beige Book report. Investors dial back interest rate cut expectations for real estate.

My Biggest REIT Wins And Lessons

Rents hold the key in core inflation cooling and the Fed's rates moves - BNP Paribas

PotlatchDeltic: Asset Rich, Cash Flow Poor

Home Sales Clobbered By Mortgage Rates. New Listings And Active Listings Surge. Most Price Reductions For Any March In Years

REIT Earnings Preview: Delay And Pray

A 7-Fund Portfolio For Big Dividends And Strong Growth

A $1.5 Million Inflation-Resistant Portfolio For Retiring With Dividends

Blackstone Is Buying REITs Hand Over Fist

Blackstone is aggressively buying publicly listed REITs. Blackstone is one of the most sophisticated real estate investment firms in the world. The company recently bought a $10 billion apartment REIT for a 25% premium. They are buying real estate at a steep discount to its fair value.

U.S. Housing Market Struggles Continue with Sales Drop and Price Increases

Existing home sales in the US fell by 4.3% in March to a seasonally adjusted annual rate of 4.19 million units. The drop in sales is attributed to rising interest rates and high home prices. The housing market is facing a challenge of affordability. The median existing home price rose to a record high of $393,500 in March.

The State Of REITs: April 2024 Edition

Tech Layoffs, Remote Work Push Office Vacancies To 19.6%, Highest Since 1979

The commercial real estate industry is facing unprecedented amounts of vacant office space. The average vacant office vacancy rate in large U.S. Cities is the highest since 1979. Big tech companies like Amazon.com and Salesforce are reducing office space and laying off employees. The real estate sector has become sensitive to interest rates and escalating inflation.

8 REITs increase dividend payouts in March, says report

Financials 8 REITs increase dividend payouts in March, says report. Retail REIT InvenTrust Properties saw the largest relative dividend growth of the month. Total number of real estate investment trusts that hiked their dividends in Q1 to 35, says S&P Global Market Intelligence.