Real Estate Tops YTD: 5 Best ETFs & Stocks
Zacks Investment Research | Sep 03, 2019 10:55PM ET
Real estate is the top performing sector so far this year overtaking technology, which has been hit badly by increased tit-for-tat tariff trade dispute. The S&P 500 Real Estate Sector Index has gained 27.7% year to date while the S&P 500 Information Technology Sector Index is up 26.4%. In fact, the real estate index hit record levels with most of the stocks and ETFs reaching new highs.
The outperformance was powered by the Fed’s first rate cut in more than a decade and the prospect of lowering the rates further this year. The low interest rate environment has bolstered the lure of rate-sensitive sectors like real estate (read: Zacks Investment Research
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