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

seekingalpha07-07

Large real estate stocks kicked off the second half of 2024 with a marginal weekly loss despite the optimism surrounding rate cuts, as the state of the sector weighed on sentiment. S&P 500 advanced ...

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S&P 500 advanced ...</p>\n\n<a href=\"https://seekingalpha.com/news/4122445-big-real-estate-stocks-kick-off-h2-with-loss-as-state-of-the-sector-weighs-on-sentiment\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig real estate stocks kick off H2 with loss as state of the sector weighs on sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-07 00:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4122445-big-real-estate-stocks-kick-off-h2-with-loss-as-state-of-the-sector-weighs-on-sentiment><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Large real estate stocks kicked off the second half of 2024 with a marginal weekly loss despite the optimism surrounding rate cuts, as the state of the sector weighed on sentiment. S&P 500 advanced ...</p>\n\n<a href=\"https://seekingalpha.com/news/4122445-big-real-estate-stocks-kick-off-h2-with-loss-as-state-of-the-sector-weighs-on-sentiment\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRHC","symbol_name":"La Rosa Holdings Corp","start_time":0,"source_url":"https://seekingalpha.com/news/4122445-big-real-estate-stocks-kick-off-h2-with-loss-as-state-of-the-sector-weighs-on-sentiment","article_id":"2449720140","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1497684257/image_1497684257.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2449720140","pubTimestamp":1720281699,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Large real estate stocks kicked off the second half of 2024 with a marginal weekly loss despite the optimism surrounding rate cuts, as the state of the sector weighed on sentiment. S&P 500 advanced 1.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LRHC":"La Rosa Holdings Corp","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BK4178":"家庭装饰零售","VICI":"Vici Properties","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","SDS":"两倍做空标普500ETF","SBAC":"SBA通信","CFA.SI":"NikkoAM-STC Asia REIT",".SPX":"S&P 500 Index","OEX":"标普100","WY":"惠好","BK4080":"零售业房地产投资信托","SPG":"西蒙地产","IVV":"标普500指数ETF","VOO":"Vanguard标普500ETF","LPA":"Logistic Properties","BK4559":"巴菲特持仓","BK4221":"木材房地产信托","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","UPRO":"三倍做多标普500ETF","BK4588":"碎股","BK4181":"酒店及度假村房地产投资信托","BK4550":"红杉资本持仓","BK4084":"特种房地产投资信托","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","SH":"标普500反向ETF","BK4234":"特殊用途房地产信托","AEI":"Alset EHome International Inc.","BK4231":"零售房地产信托","LEN":"莱纳建筑公司","BK4561":"索罗斯持仓","SSO":"两倍做多标普500ETF","BK4079":"房地产服务","BK4504":"桥水持仓","BK4581":"高盛持仓","BK4233":"房地产运营公司","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","RH":"Restoration Hardware Holdings","BK4219":"电信塔房地产信托","BK4088":"住宅建筑","DHI":"霍顿房屋","BK4563":"昨日强势股","BK4024":"房地产开发","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","HST":"美国豪斯特酒店","SPY":"标普500ETF"},"translate_title":"由于该行业状况打压市场情绪，大型房地产股下半年开始下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEI":1,"WY":1,"VICI":1,"SPG":1,"SBAC":1,"RH":1,"LRHC":1,"LPA":1,"LEN":1,"HST":1,"DHI":1,"CFA.SI":1,"VOO":0.69,"SPY":0.69,"SH":0.6,"OEF":0.6,"OEX":0.6,"SDS":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,".SPX":0.6,"ESmain":0.6,"IVV":0.6},"content_text":"Large real estate stocks kicked off the second half of 2024 with a marginal weekly loss despite the optimism surrounding rate cuts, as the state of the sector weighed on sentiment. S&P 500 advanced 1.95% from last week, with the labor market data supporting the case for Federal Reserve interest rate cuts. The probability of a 25 basis points rate cut in September now stands at 72.0%, compared to 47.0% at June-beginning, the CME FedWatch Tool showed. REITs benefitted from the reduced investor pessimism. The FTSE Nareit All Equity REITs index, constituting all tax-qualified REITs with more than 50% of total assets in qualifying real estate assets, gained 0.06% on a weekly basis. However, the Real Estate Select Sector SPDR ETF and the Dow Jones Equity All REIT Total Return Index declined by 0.29% and 0.23%, respectively. Much of the commercial real estate sector continues to deteriorate, with rising delinquency rates on debt and falling property values. Things are likely to get substantially worse before they get better, Seeking Alpha analyst Bret Jensen said in a recent research report. CRE market continues to face challenges from elevated interest rates and rising supply, while the housing market is short of supply. Citi downgraded home builders Lennar (LEN) and D.R. Horton (DHI) to Neutral from Buy on softening housing activity this summer. Home furnishings retailer RH (RH) acknowledged what has been \"the most challenging housing market in three decade\" and cautioned that \"the constantly changing outlook regarding monetary policy will continue to weigh on the housing market through the second half of 2024 and possibly into 2025.\" Mortgage applications dropped this week as rates bounced back up. The first presidential debate of the 2024 election cycle between President Joe Biden and former President Donald Trump saw Biden promising reduced housing prices and more stock. But the topic of housing came up just twice in the debate, implying that housing would not likely be a focal point, Realtor.com said in an article, citing economist Ralph McLaughlin. \"There are still far too many households experiencing housing insecurity and distress in this country and far too little national discussion about it,\" said McLaughlin. XLRE saw net outflows worth $161.31M this week, compared to inflows worth $213.57M last week, data from the information solutions provider VettaFi showed. Seeking Alpha's Quant Rating system changed its recommendation on the ETF to Sell from Hold, while SA analysts rate the fund as Buy. Meanwhile, Citi Research says the S&P 500 has more upside to go, and spotlighted real estate as a sector it holds an overweight stance on. SBA Communications (SBAC), Host Hotels & Resorts (HST), Weyerhaeuser (WY), Simon Property Group (SPG) and VICI Properties (VICI) were the major S&P 500 real estate losers of the week. Alset (AEI), Logistic Properties of the Americas (LPA) and La Rosa Holdings (LRHC) were the other notable sector losers. Here is a look at the subsector performance for the week:","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2449720140"}