Stocks - Appartement de Ville

28/05/202428/05/2024

Best Stocks to Buy in May 2024: TSX Real Estate Sector

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Real estate stocks currently make up only a small portion (around 2.1%) of the S&P/TSX Composite Index. However, that doesn’t mean they are not worth investing in. In fact, with growing interest rate cut hopes in the near term, the real estate sector could experience strong gains as lower interest rates tend to increase the affordability of financing for property purchases, which could take property values and rental yields higher. This is one of the key reasons why many real estate stocks look really attractive right now, especially for investors who want to diversify their portfolios and tap into steady monthly passive income through dividends.

Here are two top TSX real estate stocks that I think are worth buying in May 2024 based on their strong fundamentals, growth prospects, and impressive dividend yields.

Chartwell stock

Chartwell Retirement Residences (TSX:CSH.UN) is a Mississauga-based real estate trust

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03/12/2023

3 Real Estate Stocks on Sale After a Downturn

A perfect storm of rising interest rates, inflation, remote working and an oversupply of commercial properties is rattling the U.S. real estate market like never before.

A sobering reflection of the excess office space in the U.S. is the fact that about 18% of U.S. office space remained unoccupied, as of October. This percentage is predicted to increase as more leases come to an end and a growing number of companies reduce their real estate footprint.

The trend could have significant implications for companies that offer a wide range of real estate services to owners, occupiers, and investors globally. A potential decline in their stock prices could present an appealing opportunity for those seeking to increase their exposure to the real estate sector.

Jones Lang LaSalle JLL provides a plethora of real estate-related services. Its rich array of offerings includes property management, project development, advisory, maintainability, digital real estate

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29/11/202329/11/2023

2 Top Real Estate Stocks to Buy on the TSX Today

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Real estate investing can be an entirely passive endeavour via stock investing. A top real estate stock that is a Canadian Dividend Aristocrat that increased its dividend at the highest rate in the last year was FirstService (TSX:FSV). Specifically, in February, it increased its quarterly dividend by 10.8%.

It has outperformed the Canadian real estate sector (using iShares S&P/TSX Capped REIT Index ETF as a proxy) and the Canadian stock market (using iShares S&P/TSX 60 Index ETF as a proxy) over the last five years, as shown in the graph below. So, it’s worth a closer look.

FSV, XRE, and XIU Total Return Level data by YCharts

FirstService provides real estate services in North America, including managing residential communities. Additionally, it provides essential property services through individually branded franchise systems and company-owned operations. In most years over the last decade, FirstService achieved returns on equity of

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11/10/2023

Stocks to bet on China’s economic future after the real estate pain ends

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04/10/202304/10/2023

Blackstone’s Wien Rings Alarm on Stocks, Real Estate, Banks, Recession

Stocks, real estate, banks, and the economy may be in danger, Byron Wien has warned.
Earnings weakness could tank the S&P 500 by 10% or 20%, the Blackstone executive said.
Wien sees a risk of recession, and higher rates hitting commercial real estate and bank lending.

Stocks, real estate, banks, and the wider US economy are all flashing warning signs, one of Wall Street’s leading strategists says.

“Everything that I’m looking at makes me think that there is trouble ahead,” Byron Wien, the vice chairman of Blackstone’s private wealth solutions arm, said during a recent Rosenberg Research webcast. “And if I’m right about that, then the market is dangerous.”

Wien, who spent 21 years as Morgan Stanley’s top US investment strategist, is known for his

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