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Stock impact report

3 Real Estate Development Stocks to Consider as Fundamentals Rebound [Yahoo! Finance]

Howard Hughes Holdings Inc. (HHH) 
Company Research Source: Yahoo! Finance
The Zacks Real Estate – Development industry constituents are poised to benefit from the recent interest rate cut, healthy demand for a number of real estate property types and a slowdown in the pace of new deliveries, placing players like Howard Hughes Holdings Inc. HHH, Green Brick Partners, Inc. GRBK and Forestar Group Inc. FOR well for growth. However, macroeconomic uncertainty and geopolitical tensions are concerns, resulting in supply-chain constraints and are projected to inflate material expenses, keeping prices of real estate high. Until macroeconomic conditions improve, sales activity is likely to remain subdued in the near future. About the Industry The Zacks Real Estate – Development industry comprises companies that are mainly engaged in owning, developing and managing a variety of real estate properties, including commercial, residential and mixed-use parcels. While some developers undertake construction on their land holdings to eventually sell the properties to Show less Read more
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