Latest News
The Fed's Impact on Mortgages
1734624096 from BLOOMBERG
US existing home sales data jumped to an eight-month high in November, as house hunters begrudgingly start to accept mortgage rates above 6%. Smriti Popenoe, Dynex Capital Co-CEO, President and Chief Investment Officer joined Bloomberg Open Interest to talk about the landscape for the housing market in the year ahead. (Source: Bloomberg)
February 2025 Options Now Available For Mid-America Apartment Communities (MAA)
1734623076 from NASDAQ
Investors in Mid-America Apartment Communities Inc (Symbol: MAA) saw new options become available today, for the February 2025 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MAA options chain for the new February 2025 contracts and iden
U.S. Existing Home Sales Spike To Eight-Month High In November
1734623047 from NASDAQ
(RTTNews) - After reporting a significant rebound by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing another substantial increase by existing home sales in the month of November.
US Existing Home Sales Surged In November, But...
1734620920 from ZEROHEDGE
US Existing Home Sales Surged In November, But... After a collapse in new home sales in October (and modest rise in pending and existing home sales), analysts expected a further (small) acceleration in existing home sales in November and they were right as sales rose 4.8% MoM (vs +3.0% exp) - the biggest MoM jump since Feb 2024. That lifted sales up 6.14% YoY - the highest since June 2021... Source: Bloomberg That beat lifted the Total Existing Home Sales SAAR to 4.15mm - six month highs, but in context, still languishing near the lowest since the trough in 2010... Source: Bloomberg But don't get all excited quite yet - these are contracts that were generally signed in September, and since then rates have surged higher and yesterday's Fed will not help as mortgage rates top 7% once again... Source: Bloomberg Affordability remains a major hangup. The median sale price of a previously owned home increased 4.7% from a year earlier to $406,100 last month, a record for the month of November. Of course, realtors can't help but get excited... “Home sales momentum is building,” NAR Chief Economist Lawrence Yun said in a prepared statement. But Yun admits that annual home sales are on pace to come in even lower than last year, which was the worst since 1995. First-time buyers made up 30% of purchases in November, but NAR’s annual report showed the share was 24% for all of 2024, the lowest on record. Tyler Durden Thu, 12/19/2024 - 10:08
Primaris REIT Publishes Second Annual ESG Report
1734618868 from FPOST
TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announces the publication of its second Environmental, Social & Governance (“ESG”) Report, in which Primaris outlines its ESG plan and the material ESG factors, governance practices, accomplishments, and metrics that impact its business. Primaris also present its inaugural ESG targets. Consistent with […]
Concierge Auctions Announces Early 2025 Sale Calendar Spanning North America and Asia
1734616800 from BANKING
Events include historic sales with RM Sotheby’s at Arizona Car Week and ModaMiami, as real estate auctions for the first time alongside collectible automobiles NEW YORK, NY, UNITED STATES, December 19, 2024 /EINPresswire.com/ -- Concierge …
Official opening for Banks Homes’ new West Rainton development
1734616413 from BANKING
… residential development after housebuilder Banks Homes threw open the … ’s official opening by Banks Group chairman and chief … and marketing at Banks Homes, adds: “Banks Homes will create … down particularly well. Visitors to Banks Homes' new Cathedral …
Choice Properties Real Estate Investment Trust Schedules Fourth Quarter 2024 Results Release
1734615197 from FPOST
TORONTO — Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting fourth quarter 2024 results on Wednesday, February 12, 2025, after-market hours. Management will host a conference call the next day on Thursday, February 13, 2025 at 10:00 AM (ET) with a simultaneous audio […]
Chinese banks raise mortgage rates for the first time in 3 years
1734609893 from BANKING
… September. Chinese regulators guide banks to raise mortgage rates on … ) December 19, 2024 Chinese banks are battling a record-low … from Data Motion that surveyed banks’ local branches across Chinese … a “price war” among banks that undermined profitability as …
Advancing new urbanization with counties as carriers
1734606463 from CGTN
Major tasks for the upcoming year have been determined at China's Central Economic Work Conference, including pursuing coordinated progress in new urbanization and all-around rural revitalization and promoting integrated urban-rural development.
Strategic Storage Growth Trust III, Inc. Expands Portfolio With New Acquisition in Alberta, Canada
1734567078 from FPOST
LADERA RANCH, Calif. — Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the acquisition of its newest self-storage facility in Edmonton, Alberta, Canada. Located at 14135 128 Ave NW in Edmonton, Alberta, this newly […]
MillerKnoll’s stock sinks on outlook, but company says bigger orders signal bigger focus on office space
1734565500 from MWATCH
Shares of MillerKnoll Inc. slid after hours on Wednesday after the furniture maker trimmed its full-year profit outlook, citing “slower-than-expected macroeconomic improvements” and a housing market that continues to stay tight.
NNN REIT is Now Oversold
1734560308 from NASDAQ
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
SPDR S&P Homebuilders Breaks Below 200-Day Moving Average - Notable for XHB
1734560304 from NASDAQ
In trading on Wednesday, shares of the SPDR S&P Homebuilders ETF (Symbol: XHB) crossed below their 200 day moving average of $111.49, changing hands as low as $108.48 per share. SPDR S&P Homebuilders shares are currently trading off about 3% on the day. The chart below
The Real Estate Select Sector SPDR Fund Getting Very Oversold
1734559436 from NASDAQ
In trading on Wednesday, shares of the The Real Estate Select Sector SPDR Fund ETF (Symbol: XLRE) entered into oversold territory, changing hands as low as $41.085 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis i
iShares U.S. Real Estate Getting Very Oversold
1734558106 from NASDAQ
In trading on Wednesday, shares of the iShares U.S. Real Estate ETF (Symbol: IYR) entered into oversold territory, changing hands as low as $93.25 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
The agricultural property relief row is a warning to the Treasury
1734554886 from AG NEWS
… Treasury has justified the current agricultural property relief (that is, exempting … by…restricting the generosity of agricultural property relief and business property … same One rationale for abolishing agricultural and business property relief would …
Broadstone Net Lease (BNL) Passes Through 7% Yield Mark
1734553057 from NASDAQ
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Broadstone Net Lease Inc (Symbol: BNL) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.16), with the stock changing hands as low as $16.47 on the
Brookfield Office Properties Provides Update on Conversion Option for Its Class AAA Series AA Preference Shares
1734552186 from FPOST
Not for distribution to U.S. newswire services nor for dissemination to the United States.All amounts in Canadian dollars. BROOKFIELD NEWS, Dec. 18, 2024 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc. (“Brookfield”), a subsidiary of Brookfield Property Partners L.P., today announced that after having taken into account all election notices received by the December 16, 2024 […]