Lagging Real Estate Stocks Have Dropped Too Far, Analysts Say
Wall Street analysts see a double-digit upside potential for the S&P 500’s biggest losers this year: real estate stocks.
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Wall Street analysts see a double-digit upside potential for the S&P 500’s biggest losers this year: real estate stocks.
US Treasury Secretary Janet Yellen said she still sees underlying price pressures receding even as a tight housing supply has helped stall the downward path of inflation.
About $52 billion, or 31%, of all office loans in commercial mortgage bonds were in trouble in March, according to KBRA Analytics.
Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter.
Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market.
Dec 31, 2020
Bloomberg News
,Home prices in 20 U.S. cities rose at the best pace in five months in October, posting a second straight acceleration as real estate markets showed fresh strength at the start of the fourth quarter.
The S&P CoreLogic Case-Shiller index of property values advanced 2.2 per cent from October 2018, according to data released Tuesday that exceeded estimates in a Bloomberg survey of economists. A separate report from the Federal Housing Finance Agency showed home prices increased 0.2 per cent in October from a month earlier after an upwardly revised gain of 0.7 per cent in September.
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