Real-Estate Stocks Rally as Investors Anticipate Rate Cuts
Property stocks across homebuilders, apartment owners, office landlords and malls rallied in recent days. The move suggests investors expect interest-rate cuts but not a full-blown recession, according to the Wall Street Journal.
By Carol RyanInvestors' sudden enthusiasm for property stocks in this week's market chaos suggests they are getting ready for interest rate cuts, but not a full-blown recession.Shares in homebuilders, apartment owners, office landlords and malls all rallied in recent days.At the same time, investor…