IYR Weekly - interesting location

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iShares U.S. Real Estate ETF (AMEX:IYR)

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AMEX:IYR iShares U.S. Real Estate ETF

trendanalysis chartpattern iyr realestate

Just an observation on the real estate ETF while I was reading up on the US mortgage debt and its connection to real estate stocks.

Intriguing as I learn more this. IYR is in an very interesting spot.

Apparently, the current mortgage debt levels are similar to levels leading up to the 2008 crash.
https://fred.stlouisfed.org/series/MDOAH

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