The outlook for real estate is brighter in 2025, according to many on Wall Street.
After a rough couple of years, it is "the dawn of a new cycle" for real estate investment trusts, according to Citi.
The iShares U.S. Real Estate ETF (IYR) , which tracks U.S. equities in the real estate sector, has a total return of more than 8% in 2024.
IYR YTD mountain iShares US Real Estate ETF (IYR) in 2024 Bank of America is also bullish on REITs, noting that the stocks are trading near record-low relative multiples and that 50% of real estate stocks offer a higher yield than 10-year bonds.
JRE 1Y mountain Janus Henderson U.S. Real Estate ETF "So growth, plus dividend," he said.
Persons:
Nick Joseph, Jeffrey Spector, Spector, Janus Henderson, Janus, Greg Kuhl, Danny Greenberger, Kuhl, Trump, Greenberger, Janus Henderson U.S, you've, Steve Brown, Brown, Simon, America's Spector
Organizations:
Citi, Real, of America, Health, Century Investments, Fund, Regency Centers, Urban, Group, Bank of America, Bank, American Healthcare
Locations:
U.S, REITs, JRE, America