Lagging real estate stocks have dipped too far, analysts say

Wall Street analysts see a double-digit upside potential for the S&P 500’s biggest losers this year: real estate stocks.

All that may be needed to turn the group’s fortunes around, say investors and analysts, is firmer conviction that long-term borrowing costs have plateaued and will head lower. That notion got a boost on Friday after a weaker-than-forecast report on the US labour market caused Treasury yields to tumble.

Bloomberg