The real estate industry felt the brunt of the Fed’s interest rate hikes last year. However, the industry’s prospects look bright. So, quality real estate stocks Guild Holdings Company (GHLD), The RMR Group Inc. (RMR), and AMREP Corporation (AXR) could be worth buying.
Fannie Mae’s overall home sales projection was revised slightly upward. The expected total sales for 2023 have been revised upward to 4.86 million units from 4.84 million units.
