Billions flood into real estate ETFs with property boom raging

Raging real estate prices have sent investors pouring into exchange-traded funds tracking the industry’s gains.

The sector’s ETFs are on pace for their best month of inflows since at least 2014, with almost $3.9 billion added, according to data compiled by Bloomberg.

BlackRock’s iShares U.S. Real Estate ETF (IYR) has already taken in $2.5 billion in June, putting it on track for its best month ever. Another BlackRock fund—the iShares Global REIT ETF (REET)—is headed for its best month of inflows since 2017.

 

Historic stimulus measures by central banks around the world and an economic recovery that’s gaining speed are pushing up prices in every corner

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