comparemela.com

Latest Breaking News On - Bofa global - Page 25 : comparemela.com

Wall St Week Ahead-Maligned US real estate sector draws buyers eyeing rate cuts

Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector continues to lag the broader market. Real estate.

Maligned US real estate sector draws buyers eyeing rate cuts

Falling inflation and expectations of an economic soft landing are buoying hopes for U.S. real estate stocks in 2024, even as the sector continues to lag the broader market. Real estate investment trusts (REITs) were among the worst performing sectors over the last year, with share prices weighed down by factors ranging from high interest rates to tepid demand for office space in an era of remote work. The Real Estate sector of the S&P 500 fell 3.4% in 2023, while the broad S&P 500 index soared more than 24% last year and hit a record high on Friday.

Maligned US real estate sector draws buyers eyeing rate cuts

Maligned US real estate sector draws buyers eyeing rate cuts
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.