Real estate stocks show mixed performance; data center REITs gain, health care REITs lose
U.S. real estate stocks showed mixed performance last week, with the S&P 500 Real Estate Index rising 0.66%. Data center REITs like Iron Mountain and Equinix gained due to AI-driven demand, while healthcare REITs such as American Healthcare REIT declined following a public offering. Mortgage rates fell, boosting housing affordability, and inflation data suggests the Fed may hold rates steady in September.
