By Hoya Capital Real Estate – SeekingAlpha.com – Image Not Credited.
REITs rallied more than 2%, climbing higher for the third straight week. The beaten-down mall and shopping center sectors surged more than 3%, and hotel REITs rose more than 4%.
Despite upward pressure from the strong hurricane season, inflation continues to remain persistently low. Shelter inflation is essentially the only component preventing full-blown deflation.