Four stocks to ride the U.S. real estate rebound

These companies benefit both from increased demand for their goods and services, and the U.S. dollar strength.

Vikram Barhat 26 February, 2016 | 6:00PM

The rising tide in the U.S. housing market continues to lift many companies in the real estate and related industries on both sides of the border.

Higher employment rates and low borrowing costs in the U.S. are drawing prospective buyers to homeownership. In 2015, new home sales jumped 14.5%, according to the U.S. Census Bureau, while sales of previously owned homes grew 7.7% for the same period, according to the National Association of Realtors. As a result, U.S. housing starts were up 11% in 2015 and are forecasted by a Morningstar report to grow another 17% in 2016.

A similar growth trend can be seen in the U.S. commercial real estate sector where demand for, and prices of, retail, office and industrial properties are projected to continue to rise steadily, proclaimed a PwC report.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Jones Lang LaSalle Inc178.25 USD-0.37
Ventas Inc53.01 USD0.49
West Fraser Timber Co.Ltd80.22 CAD-6.46

About Author

Vikram Barhat

Vikram Barhat  Vikram Barhat is a Toronto-based financial writer specializing in investing, stock markets, personal finance and other areas of the financial services industry. He also writes for CNBC, BBC, The Globe and Mail, and Toronto Star.

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