FYI: After getting clobbered during the stock market correction of late 2018, ETFs tied to the real estate market have rebounded with a fury. What a difference six months makes!
The Federal Reserve has played a role in this. After it had gradually boosted short-term interest rates since December 2015, it changed course at its March 2019 meeting and left the federal funds rate unchanged at 2.5 percent. That, along with expectations of no further immediate rate hikes, has instilled confidence in the real estate sector.
Regards,
Ted
https://www.fa-mag.com/news/falling-rates-keeps-real-estate-etfs-sizzling-45089.html?print
