REIT Benchmark ETFs Find Support As Regional Bank Stocks Dive
Real estate investment trusts (REITs) stopped heading lower Monday as indicated by the closing prices of the benchmark REIT exchange-traded funds (ETFs).
How The REIT ETF Benchmarks Reacted To Fed’s 0.25% Rate Hike
All in all, it was a good week for price action in the rate-sensitive real estate investment trust (REIT) sector.
Worries that the Federal Reserve might take interest rates higher than expected evaporated when it announced a 0.25% hike rather than a 0.5% hike. The REIT exchange-traded funds (ETFs) reached four-month highs.
The 2 REIT Benchmark ETFs End 2022 Down By More Than 25%
Real estate investment trusts (REITs) were deeply affected by the Federal Reserve’s actions in 2022, which led to higher interest rates. Even as investors anticipated an eventual lowering later in 2023 or at least by 2024, sellers remained in control of REIT shares all year.
VICI Properties Locks In Major Growth For 2023 With Acquisition From Blackstone
VICI Properties Inc. (NYSE: VICI) announced this week that it will be acquiring the remaining 49.9% interest in the MGM Grand Las Vegas and Mandalay Bay jo
The GEO Group Blasts Upward To Another New 52-Week High
It might be the hottest real estate stock traded right now.
The Major REITS: Is A Bottom Now In Store Or Is This Another Relief Rally?
With interest rates easing off of their recent highs, including the 10-year U.S. Treasury Note yield (now back under 4%) and the 30-year fixed-rate national average mortgage rate (now back below 7%), real estate investment trusts (REITs) may be perking up.
Is a bottom finally in store or is it just one more relief rally?
Leading And Lagging Sectors For November 18, 2022
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Invitation Homes Drops To New Low After Quarterly FFO Report
Real estate investment trust (REIT) Invitation Homes Inc. (NYSE: INVH) gapped down in price to a new 52-week low after reporting third-quarter funds from operations (FFO).
Medical Properties Trust Drops To 4-Year Low, Underperforms Benchmark
Real estate investment trust (REIT) Medical Properties Trust Inc. (NYSE: MPW) not only dropped to a new four-year low, it also underperformed the benchmark Real Estate Select Sector SPDR (NYSE: XLRE) last week on both daily
Why REITs Are Being Sold And Avoided
Why REITs Are Being Sold And Avoided
Interest rates, interest rate hikes and expectations about further interest rate hikes are creating problems for real estate investment trusts.