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Prominent investors descended on Inman CEO Connect in Las Vegas to discuss recent volatility in the real estate tech company’s valuations.
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The first months of 2022 were tough on financial markets across the board and investors in real estate companies bore the brunt of the losses.
Publicly traded brokerages and real estate tech companies have lost the most since the start of the year, missing what would have been high stock prices in 2021 for most.
But even as the housing market activity falters in the coming months, stock prices are still bullish on the long-term category, according to several prominent investors who attended Inman’s CEO Connect in Las Vegas earlier this month.
GCA Advisors’ Chris Gough analyzes the performance of real estate tech stocks at the Inman CEO Connect in Las Vegas earlier this month. (Photo by AJ Canaria of Moxiworks)
Chris Gough, managing director of GCA Advisors, shared numbers with the assembled executives, explaining how real estate tech stocks have lost 27 percent year-to-date. Publicly traded brokers said they have reached a worse level.
Among other topics, the investor panel discussed how the current tough business environment is forcing some companies to seek faster routes to profitability, a move that could benefit current and future investors.
Watch their full conversation in the video at the top of this page.
Email Daniel Houston
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