Australia markets open in 8 hours 19 minutes

The Real Estate Select Sector SPDR Fund (XLRE)

NYSEArca - Nasdaq Real-time price. Currency in USD
Add to watchlist
40.15+0.16 (+0.40%)
As of 11:41AM EDT. Market open.
Full screen
Loading interactive chart…
  • Yahoo Finance Video

    Stocks rebound, housing market tips: Market Domination Overtime

    In today's episode of Market Domination Overtime, hosts Josh Lipton and Julie Hyman dive into the most prominent dynamics leading stocks and the US housing market. US equities (^DJI, ^IXIC, ^GSPC) are in focus as the major indexes rebound following a bad day for Big Tech stocks. Paul Hickey of Bespoke Investment Group joins to discuss the "rubber band" dynamic being created within markets. Mortgage rates are on a decline, potentially opening the door for new homebuyers. Zillow senior economist Orphe Divounguy joins to discuss everything buyers need to know from housing affordability to the best markets to shop in. This post was written by Angel Smith

  • Yahoo Finance Video

    Potential homebuyers due to see some relief in home prices

    As mortgage rates begin to see some easing and housing inventory begins to recover, there may be some hope on the horizon for potential homebuyers. Zillow senior economist Orphe Divounguy joins Market Domination Overtime to give insight into the housing market, what potential homebuyers need to know, and the more affordable housing markets in the US. Divounguy elaborates on some of the good news: "We have a low 4.1% unemployment rate. The loosening in the labor market came from a big increase in labor supply as opposed to layoffs. Potential home buyers are basically seeing mortgage rates easing, and that could be helpful for the housing market going forward. You take that and you combine that with the fact that we have more inventory than we had a year ago, and those are positive signs ahead". For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    What's behind record office sector vacancy rates: Economist

    According to a Moody's report, office sector vacancy rates have set a new record at over 20% in the second quarter. The author behind the report and Moody's head of CRE economics, Tom LaSalvia, joins Market Domination to give insight into the report and detail what's behind these record numbers. LaSalvia elaborates on the shift of office space use: "The way we're thinking about this as obsolescence, that there is a good 10 to 20% of office buildings out there that really just will not be able to compete in this new era, this era of remote work, this era of new offices, this era of new, let's say, centers of power in terms of where office-centric locations are, right? You're getting migration into the Sunbelt. You're seeing even within metropolitan areas like New York, certain submarkets doing much better than others. And so what you're left with is 10 to 20% of obsolete offices that are going to have to find some new life in this new era." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino