Published on 25 Mar 2024 on Benzinga via Yahoo Finance
Real estate investment trusts (REITs) are poised for a rebound as the Federal Reserve nears its policy tightening cycle and construction activity is expected to pick up with lower borrowing rates.
While the majority of REITs have delivered negative returns so far this year as the benchmark federal funds rate stands at a 22-year high, their discounted prices offer an ideal buying opportunity.