|Day Low/High||157.05 / 158.42|
|52 Wk Low/High||86.78 / 159.43|
Good news for renter-focused REITs, bad for homebuilders.
The challenges presented by housing prices rising faster than incomes.
Multifamily REITs have more experience in this area than conventional homebuilders.
Tired of being outbid on every Manhattan apartment you are interested in buying? Well, things are looking up.
The REIT selloff is overblown, offering opportunities in Cole and Camden Property, says Resource Real Estate portfolio manager Scott Crowe.