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ajor US real estate companies weathered the recent market volatility with relatively stable stock prices. Firms like Anywhere Real Estate, RE/MAX, and eXp World Holdings saw little change in their stock values over the week, while the broader market experienced significant fluctuations.
The Dow Jones Industrial Average and Nasdaq Composite both declined by around 4% from March 10 to Thursday, before rebounding slightly on Friday. The Dow ultimately lost 2.4% of its value for the week, while the Nasdaq ended with a loss of 0.48%.
In contrast, Douglas Elliman's stock price rose nearly 10% during the week, and Compass saw a 4% increase by Friday's close. Redfin Corp., however, was the biggest real estate winner, with its stock surging over 80% after Rocket Companies announced a $1.75 billion all-stock bid to acquire it.
Rocket's own stock value grew more than 7% for the week. The market uncertainty surrounding proposed and enacted tariffs by the Trump Administration has created concerns among analysts, particularly for homebuilders and other sectors of the economy.
