The US housing industry continues to perform well despite economic headwinds, with the Hoya Capital US Housing Index reaching record highs. Lower mortgage rates have boosted the single-family market, with existing home sales notching their first year-over-year increase in 17 months. This optimal environment of low interest rates, economic growth, and limited new housing supply makes real estate investment trusts (REITs) an attractive area for investment, particularly the maturing single-family rental REIT market as more new construction is designed for rentals.