Raging real estate prices have sent investors pouring into the stock market’s exchange-traded funds that track the property industry’s gains.

Wall Street’s “”ETF” sector is on pace for its 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 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 — 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 of the real estate market, fueling what some worry is becoming a bubble. As workers start coming back to the office, shoppers re-enter stores and restaurants start filling up, the demand for a wide range of proprieties is rising.

As a…

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