Real Estate strength status as of 2023-04-28?

Real Estate strength status as of 2023-04-28?
Yes we all know of the troubles in Office. But Real Estate overall has actually strengthened.

Real Estate's strength rating is "Weaker" and it strengthened over the past week. Following is a summary by sub-industry of the sequential week-by-week changes over the past month.

Generally treading water over the past four weeks but has strengthened in the past two weeks.

Strongest/Weakest Stocks

Below is a stock-by-stock look at only the Strongest and Weakest Real Estate stocks. There are nine with the Strongest Rating, including five with supporting sub-industry strengthening:

  • Forestar Group Inc./FOR and Maui Land & Pineapple/MLP in Property Management/Development;
  • LGI Homes/LGIH and Century Communities Inc./CCS in Residential REITs; and
  • Tanger Factory Outlet Centers/SKT in Retail REITs.
A vast ocean of weakness similar to Banking.

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