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Real estate stocks gained after an in-line inflation data, even as the major market averages marked a loss; The Real Estate Select Sector SPDR ETF (XLRE) rose 5.17% during the month of May.
The Real Estate Select Sector SPDR ETF (XLRE) outperformed the major market averages for the third straight week.
Meanwhile, REITs posted positive total returns in March and are down slightly year-to-date.
REITs are securities that trade like stocks and invest in real estate. Explore their benefits to see if they're a good fit for your portfolio.
What you need to know about the advantages and risks of investing in real estate.