|Bid||16.10 x 1100|
|Ask||16.07 x 1300|
|Day's Range||15.84 - 16.47|
|52 Week Range||12.81 - 71.04|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-38.19%|
|Beta (5Y Monthly)||-1.61|
|Expense Ratio (net)||1.08%|
Low mortgage rates can help spur more real estate buying activity among prospective homeowners, especially in hot housing markets that are primed for a boom. This could also be a boon for real estate-focused ...
Real estate trade organization site Realtor.com assembled a list of housing trends for 2020 that could impact not only the market for buyers and sellers, but also the way ETF traders are looking to play the real estate market. The economy will no doubt help steer what the real estate market will do and it makes sense for traders to be privy to the forthcoming challenges. “As economic momentum moderated through 2019 and global headwinds gather, GDP growth is projected to post a modest 1.7 percent advance in 2020,” George Ratiu wrote in Realtor.com.
The housing market is replete with lenders offering low interest rates, but not enough in the supply arena to keep would-be home buyers appeased. Can the current housing market keep real estate exchange-traded funds (ETFs) afloat via low interest rates? When the Federal Reserve decided to drop interest rates, it gave buyers the green light to hit the open road to home ownership only to find out that a detour of low supply stopped them dead in their tracks.