The commercial real estate sector has been in the dumps for a while now…
While the S&P 500 has enjoyed a 17% rally over the last 12 months, the Real Estate Select Sector SPDR Fund (XLRE) is down 6.7% over the same time.
Now that the Fed has begun lowering rates, we should expect a more favorable environment for both commercial and residential real estate. But as you’ll see in today’s x-ray, a rosier outlook isn’t showing in the numbers yet…
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