Are real estate (REIT) ETFs starting to take it on the chin? USA Today points out "while it’s too early to tell how deeply the housing industry will
contract, many companies are already seeing some business evaporate."
Four ETFs specialize in the real estate industry and all have performed very well up until today. Most are off close to 2% with fresh concerns that the boom in the housing industry is finally changing:
- iShares Dow Jones US Real Estate
IYR - iShares Cohen & Steers Realty Majors ICF
- streetTRACKS Wilshire REIT RWR
- Vanguard REIT Index VIPERs VNQ
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.