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Real Estate Broker Stocks$225.31
2.99%4:00PM 11/23/2020
Latest intraday update before market close @ 19:40:00 PM 11/23/2020
Summary :
Average return is up 3.2%
Median return is up 3.9%
5 out of 5 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • Real Estate Broker stocks up 3.0% on average while median return up 3.7% in a day
  • Real Estate Broker stocks up 5.0% on average while median return up 6.6% in a week
  • Real Estate Broker stocks up 7.9% on average while median return up 12.5% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

Related Stocks (click on ticker for detail)

Related ETFs (click on ticker for detail)

leak data

  • 1M winners are : Winners for past month are $RLGY 18.8%, $Z 17.9%
  • 1M losers are : Losers for past month are $RDFN -0.9%, $RMAX -12.4%
  • 1W winners are : Winners for past week are $EXPI 17.0%, $RLGY 6.8%
  • 1W losers are : Losers for past week are $RMAX -6.9%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 39.3%, for the past 3 months is 39.9%

In the past month for a 5 days rolling window, the highest corrrelation is 77.1%, the lowest correlation is 5.9%, the latest correlation is 29.8%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 67.2% between EXPI and RDFN

The lowest correlation is -4.6% between RMAX and Z

Stock news

    11/23/2020RDFN
    The American Suburbs Have 15% More People of Color Than a Decade Ago Versus 5% More White People, Likely Contributing to Democrats' 6-Point Suburban Gain in 2020

    (NASDAQ: RDFN) — The American suburbs have become more racially and ethnically diverse and more Democratic over the last decade, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. To understand the changing demographics of the suburbs, Redfin analyzed data from the U.S. Census, along with Redfin's housing market data and voting margins from the last three presidential elections. Key findings include:

    11/21/2020RDFN
    Here's the Business That Will Catapult Redfin Higher

    RedFin (NASDAQ: RDFN) shares have enjoyed a remarkable year, with the company climbing more than 250% off of its pandemic-induced low back in late March. In this Nov. 12 discussion on Motley Fool Live during the recording of the Industry Focus podcast, Motley Fool analyst Tim Beyers and Industry Focus host Nick Sciple discuss why they believe the company can soar higher in the years to come. Tim Beyers: Even before this pandemic, we were seeing Redfin take on more elements of the real estate t...

    11/21/2020Z
    L.A. Home Sales Soar as California’s Housing Market Defies Covid

    (Bloomberg) -- When it comes to L.A. real estate, “Sunset” is still selling -- even nine months into the pandemic.With interest rates at some of their lowest levels ever, many renters are reassessing their housing options, said Jason Oppenheim, star of “Selling Sunset,” a Netflix reality series featuring a team of brokers and the glitzy properties they’re selling across Los Angeles.“Let’s face it, the 1% are doing very well right now, with markets at all-time highs and interest rates extremely l...

    11/20/2020RDFN
    Homebuying Picks Up After Election Week, Pending Sales Up 29% From 2019

    (NASDAQ: RDFN) — The median home sale price increased 15% year over year to $322,148, the highest on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices rose 16% year over year in the single week ending November 15.

    11/20/2020Z
    Home values rising faster than at any time since 2005

    A market defined by intense demand for relatively tight supply pushed month-over-month and quarterly home value growth to levels not seen since 2005, according to Zillow's® latest Real Estate Market Report[1]. Rent appreciation, meanwhile, is steaming ahead in many Midwest and Sun Belt cities while declining in major coastal metros.

    11/19/2020RDFN
    Home Sales Surge 24%, the Biggest Gain on Record, Prices up 14% in October

    (NASDAQ: RDFN) — The national median home price posted the second-largest annual increase on record in October, when it rose 14.2% year over year to $335,900, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. These near-record gains are fueled by an extreme imbalance between homebuying demand and the supply of homes for sale. Home sales surged 24% from a year earlier—the largest gain on record—while new listings were up just 12%.

    11/19/2020RDFN
    Demand for Second Homes Surges 100% Year Over Year in October

    (NASDAQ: RDFN) — Sales of vacation homes are soaring, even as millions of Americans grapple with financial devastation triggered by the coronavirus pandemic. In October, demand for second homes skyrocketed 100% from a year earlier—the fourth triple-digit increase in the last five months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That outpaced the 50% increase in demand for primary homes.

    11/18/2020Z
    5 at 5: Your Daily Digest for Real Estate Investing, 11/18/2020

    Zillow (NASDAQ: Z) (NASDAQ: ZG) said today that rental concessions, such as a free month's rent or reduced security deposit, appear to be luring Gen Z out of their parents' basements and back into the rental market. Why it matters: Zillow researchers also found that enhanced tools like 3D tours can help attract new tenants from that younger set in the first place. Led by solid gains in single-family production, overall housing starts increased 4.9% in October to a seasonally adjusted annual ra...

    11/18/2020RDFN
    Here's Why Redfin's Business Has Surged in 2020

    Shares of real estate company Redfin (NASDAQ: RDFN) fell with the broader markets during the early days of the pandemic, but the stock has rebounded to climb more than 260% off of its late March lows and has more than doubled for the year. In this Nov. 12 discussion on Motley Fool Live during the recording of the Industry Focus podcast, Motley Fool analyst Tim Beyers and Industry Focus host Nick Sciple talk about the factors that caused the stock to surge higher over the last six months. Nick ...

    11/18/2020Z
    Calyx Announces Path Integration with Mortech Product and Pricing Engine

    DALLAS, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Calyx®, a leading provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders and brokerages nationwide, announced today its Path® loan origination software (LOS) is now integrated with Marksman®, the industry-leading product and pricing engine (PPE) from Mortech®. Path is an innovative, cloud-based solution designed to simplify the loan process while still providing lenders the controls and flexibility they need to ...