Real Estate Stocks overvalued?
March 22nd, 2007
Market observers of the Global markets feel that the Real Estate and housing stocks have been overvalued now. Real Estate stocks are the biggest sectoral losers in almost all markets, particularly in this correction phase. Quality of housing loans in the US and the ripple effect of SEBI keeping a watch on real estate stocks on one side, the correction hit banking industry on another apart from the downtrend followed by cement stocks have hit real estate and infrastructure industry.
Hence, investors and traders with real estate stocks needs to be extremely cautious, particular in this season.
Entry Filed under: Equities, Real Estate & Construction
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