Luxury real estate-backed stocks in Dubai posted a 3.1% rise as tourism arrivals hit record highs. Investors view investing in properties connected to hospitality as a cyclical play on regional economic recovery. This article originally appeared on The Repository: Ohio Senate overrides DeWine veto to scrap some property tax levies Are high prices keeping you from homeownership? Consider a condo In the US stock market, homebuilder ETFs gained 2.7% following optimistic housing permits data. For investors focused on investing in properties indirectly, sector funds are delivering outperformance compared to broader indices, underpinned by low inventory levels in key metro areas.
