MARKET

REM

REM

iShares Mortgage Real Estate Capped ETF
BATS
23.24
+0.21
+0.91%
After Hours: 23.20 -0.04 -0.17% 17:39 03/28 EDT
OPEN
23.03
PREV CLOSE
23.03
HIGH
23.25
LOW
22.96
VOLUME
309.81K
TURNOVER
0
52 WEEK HIGH
25.18
52 WEEK LOW
18.12
TOTAL ASSET
611.94M
YTD YIELD
22.45%
1D
5D
1M
3M
1Y
5Y
U.S. Multifamily Housing: Distress Can Create Opportunity
The U.S. Multifamily housing sector faces challenges from both overdevelopment and capital market pressures. Solid macroeconomic fundamentals and sustained demand offer potential opportunities in the medium term for well-capitalized investors to exploit distress in the market. The sector accounts for less than 10% of the total commercial real estate distress.
Seeking Alpha · 5h ago
Mortgage rates marginally down
Mortgage rates were marginally down this week. 30-year fixed-rate mortgages averaged 6.79% as of March 28. Freddie Mac says encouraging data on existing home sales reflects improving inventory. Rates remain elevated near seven percent, but are marginally down from last week.
Seeking Alpha · 17h ago
U.S. New Home Market Shrinks Again In February 2024
The size of the U.S. New home market as measured by its market capitalization shrank for the fifth month in a row. The average price of a new home sold in February 2024 is expected to be $485,000. Sales of new homes unexpectedly fell in February. The median new house price is the lowest in more than two years.
Seeking Alpha · 22h ago
REITs said to have reduced February capital offering activities by about half
Financials REITs said to have reduced February capital offering activities by about half in February. U.S. Equity real estate investment trusts raised $3.54B during the month, down from $7.14B in January. Debt offerings worth $2.26B were issued.
Seeking Alpha · 2d ago
Office REITs post drop in Q4 occupancy
Office REITs reported a marginal fall in their average Q4 occupancy rates. The subsector's average occupancy rate came in at 88.05%, down from 89.48% in the year-ago quarter. The broader equity REIT industry saw its average fall to 93.11% in Q4.
Seeking Alpha · 3d ago
Weekly Report: what happened at REM last week (0318-0322)?
Weekly Report · 3d ago
Dovish Decisions
U.S. Equity markets advanced this week while benchmark interest rates retreated after the Fed reiterated its rate cut path in 2024. Rebounding after two straight weeks of declines, the S&P 500 rallied 2.2% this week and extended its year-to-date gains to over 10%. Real estate equities posted mixed performance as a rebound from rate-sensitive names was offset by weakness from data center REITs.
Seeking Alpha · 4d ago
Amid Weak Demand For Existing Homes, Active Listings And Price Reductions Jump, Listing Prices Weaken
Seasonally adjusted annual rate of sales of existing single-family houses, condos, and co-ops rose 9.5% in February from January. Home sales remain at very low levels as the entire housing market has shrunk by 20% to 25%. New listings jumped by 11% year-over-year in February as active listings highest since before the pandemic. Listing prices are weakening as homeowners with 3% mortgages are neither buying nor selling.
Seeking Alpha · 6d ago
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Profile
Fund Name
iShares Mortgage Real Estate Capped ETF
Inception Date
2007-05-01
Benchmark
FTSE Nareit All Mortgage Capped TR USD
Advisor Company
BlackRock Fund Advisors
Custodian
Bank of New York Mellon
Manager
Greg Savage, Jennifer Hsui, Amy Whitelaw, Paul Whitehead