Real Estate Weekly Outlook
U.S. equity markets picked up where they left off in 2019 with broad advances and new record highs after snapping a six-week winning streak last week on news of the U.S. airstrike that killed a top Iranian military official in Baghdad. Tensions appeared to be at a fever-pitch on Wednesday night after Iran's counterstrike on a US base in Iraq, before easing again as U.S. and Iran indicated that de-escalation was the preferred path forward from the hostilities over the past week. Geopolitics took a back-seat by Friday morning as investors