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Top 3 Real Estate Stock Picks For The New Year

Like broad markets, real estate stocks had a turbulent year in 2023. The first half of the year saw substantial downward pressure in both commercial and residential sectors due to interest rate hikes. But the latter half offered renewed hope as physical real estate pricing and Real Estate Investment Trusts (REITs) surged. The recent rally points to great possibilities for real estate stocks in 2024.

If rumors that the Fed is finished with rate hikes are true, REITs and real estate stocks could have their best year in decades. For investors wondering what the best real estate stocks for 2024 might be, here are three top picks.

This post appeared first on InvestorPlace.