realestate

Real estate stocks shine in February amidst bearish market sentiment

Defensive sectors and bond-sensitive stocks outperform, XLRE closes ~5% higher in February.

R
eal Estate Stocks Shine Amid Market DeclineCHUNYIP WONGThe S&P 500 real estate sector bucked the trend, rising ~5% on average in February as major market averages succumbed to bearish sentiment. This surge in pessimism reached a 2-1/2 year high among individual investors last month.

Real estate stocks rise in February amidst global bearish market sentiment.