TL:DR Upward momentum to the real estate market is coming to an end with ETFs, REIT, and REIT ETFs in the US and EU showing topping behavior and China showing a continuation of downtrend. The assumption is holding flat or even reducing interest rates won’t work if people debt and willingness to borrow/loan is already maxed out. Moving averages, Divergences,...
SPDR Dow Jones REIT ETF (RWR) has failed bot 5-year and 10-year trends by breaking below upper 1st standard deviations from 5-year (260-weeks) and 10-year (520-weeks) means.
On short term basis the price is in clear downtrend - it broke down below lower 1st standard deviations from quarterly (66-day) and 1-year (264-day) means (standing at 85.80 and 83.70...
