Real estate stocks have plummeted this year despite housing demand

Property and construction stocks have been among the underperformers on the Irish stock market this year, including the country’s largest private landlord, Ires Reit, which fell nearly 37 percent.

Home builders Glenveagh and Cairn Homes are also two of the biggest losers in 2022. Glenveagh is down 31 percent year to date, while Cairn is down 22 percent.

https://www.independent.ie/business/irish/property-shares-plunged-this-year-despite-housing-demand-42226034.html Real estate stocks have plummeted this year despite housing demand

Fry Electronics Team

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