2023-06-30 06:58:00 ET
Real estate stocks were moving higher this week, especially ones hit hard by the post-pandemic sell-off in the sector as mortgage rates spiked, home prices fell, and the once red-hot housing market cooled off.
Among this week's winners were Offerpad (NYSE: OPAD) , Compass (NYSE: COMP) , and SmartRent (NYSE: SMRT) . As of the market's close on Thursday, Offerpad had gained 15.4%, Compass was up 16.6%, and SmartRent had risen 11.3%, according to data from S&P Global Market Intelligence .
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For further details see:
Why Real Estate Stocks Popped This Week