Investors looking to get in on the recent rise in real estate stocks should focus on quality, according to Bank of America.
The real estate sector of the S & P 500 has been moving higher over the past month or so and is now up 10% year to date, after being in the red earlier this year.
Real estate investment trusts are also an income play, often paying out attractive dividends.
.SPLRCR YTD mountain S & P 500 Real Estate Sector The Federal Reserve started its rate-cutting cycle last week, slashing the federal funds rate by 50 basis points.
Health-care real estate is a play on the aging of America , which will see more people seeking medical services and senior housing, Hall said.
Persons:
Jill Carey Hall, REITs, Hall, Jeffrey Spector, Welltower, Spector
Organizations:
Bank of America, Real, Federal Reserve, Communities, American, Federal Realty Investment Trust
Locations:
America, U.S