12 Best Housing Stocks to Invest in According to Analysts

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8. BRT Apartments Corp. (NYSE:BRT)

Average Upside Potential: 23.94%

BRT Apartments Corp. (NYSE:BRT) focuses on the ownership, operation, and development of multi-family properties primarily in Sun Belt locations. The firm owns or has interests in 29 multi-family properties with 7,947 units in 11 states, as of September 30, 2024.

BRT has shown decades of demonstrated success in multi-family in its history. The firm’s high-quality portfolio has generated above-average AFFO growth compared to multi-family non-gateway companies. BRT seeks to invest in properties and acquisitions that are well located in areas showing positive indications of growth with catalysts driving employment and housing demand.

A focus on Sunbelt locations offers compelling advantages to BRT Apartments Corp. (NYSE:BRT), driven by the predominance of pro-business states, alongside better population and job growth from migration patterns and business investment. However, the current operational environment in the firm’s combined portfolio is expected to be consistent with other Sunbelt-focused operators with new supply muting new and renewal lease rent growth. The good sign is that this new supply is expected to moderate in 2025 and 2026.

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