Market condition index · Current read
Broad U.S. commercial real-estate equity gauge across REITs, rates, macro demand, and risk sentiment. Rising REIL signals stronger valuations and capital formation; falling REIL signals weaker valuations, softer demand, or tighter financing/risk conditions.
26.3 points above the 50-normal line. This locates the selected condition; it is not a forecast. From one official close publication; stale selected read.
Official closes earn richer presentation. The selected current read is never spliced into certified history.
| Official close | Condition | Calculated |
|---|---|---|
| 2026-08-14 | 35.6 | Aug 14, 2026, 11:37 PM UTC |
| 2026-08-24 | 76.3 | Aug 24, 2026, 11:39 PM UTC |
2 certified closes are shown as a dated ledger, not a connected trend.
Only exact governed relationships are navigable. Shared tickers and price moves never create a link.
No Basket, Narrative, or Asset context is inferred from inputs, tickers, price moves, or static “related” lists.
Declared weights explain construction. They do not claim today's contribution or causal impact.
| Input | Source | Formula role | Weight |
|---|
Informational only — not investment advice. MarketSchema is not a registered investment adviser. Condition Percentile reads and indexes are quantitative measurements derived from public market data, not recommendations to buy or sell any security.
| Cadence |
|---|
| VNQ | polygon | Price · positive | 15% | Intraday |
| SPY | polygon | Price · positive | 4% | Intraday |
| IYR | polygon | Price · positive | 12% | Intraday |
| ITB | polygon | Price · positive | 7.0% | Intraday |
| GLD | polygon | Price · positive | 6% | Intraday |
| DTWEXBGS | fred | Macro · inverse | 6% | Daily |
| DGS10 | fred | Rate · inverse | 13% | Daily |
| MORTGAGE30US | fred | Rate · inverse | 14.0% | Weekly |
| PAYEMS | fred | Macro · positive | 6% | Monthly |
| HOUST | fred | Macro · positive | 7.0% | Monthly |
| VIX | cboe_polygon | Flow · inverse | 10% | Intraday |