SPRE is trading at $19.94, up 7.60% in pre-market, with no verified catalyst identified for the jump. - September CPI ran hot at 3.7% year over year, pushing Treasury yields higher and reviving Fed rate-hike expectations, a headwind for rate-sensitive REITs. - Today’s PPI and retail-sales releases add uncertainty around inflation and borrowing costs. - SPRE’s major holdings are property companies, not Zillow or Redfin, making their announced deal unlikely to explain the ETF’s move.