Even a record-high stock market can’t cheer up real estate investors. The Dow Jones saw a winning streak earlier this month. And the economy, broadly, is strengthening, with the unemployment rate falling to the lowest level since 1969. But real estate stocks across the board have been sliding downhill over the last year. “We are definitely in a soft market and it will continue to soften next year,” said Carter Trent, a research associate at […]
source https://therealdeal.com/2018/10/24/the-stock-market-is-still-riding-high-so-why-are-real-estate-stocks-tanking/
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