HCDI - HCDI leads real estate gainers pack while UK leads loser Home prices hit new all-time high
Real Estate Select Sector SPDR ETF (NYSEARCA:XLRE) was down 0.85% vs. S&P 500 closing lower 2.2%, ETF Series Solutions - Hoya Capital Housing ETF (NYSEARCA:HOMZ) reported a 1.7% loss while SPDR Homebuilders ETF (NYSEARCA:XHB) was down 2% and the iShares Residential Real Estate Capped ETF (NYSEARCA:REZ) reported a 1.3% decline. Since Harbor Custom Development (NASDAQ:HCDI) reported its Q3 results on Nov.15, the stock price has surged 32% while in past week the stock is higher by 17.7%. With a Bullish rating, SA Contributor believes that Harbor Custom is a speculative 13.2% yielder in the red hot housing sector. The Real Brokerage (NASDAQ:REAL) up 11% during the week. WeWork up 7.4% during the week. DigitalBridge (NYSE:DBRG) up 6.7% as the company has expressed preliminary interest in bidding for Global Switch. With NAR economist belief that apartment rents' strength will continue into 2022, apartment REIT stock Bluerock Residential (NYSE:BRG) is one of the
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HCDI leads real estate gainers pack, while UK leads loser, Home prices hit new all-time high