7 Undervalued REITs to Buy Before They Go Sky-High The current inflationary environment has flipped the stock market upside down. Former high-fliers such as big tech and software-as-a-service stocks have tanked. Meanwhile, sectors that were left for dead, such as energy, have become the new leaders. One potential big winner from this paradigm shift, real estate, hasn’t yet taken off. Indeed, the iShares US Real Estate ETF (NYSEARCA: IYR ) is actually down 10% over the past 12 months. This might be a surprise, given that real estate investment trusts (REITs) tend to benefit in a rising interest rate and highly inflationary environment, such as we currently face now. However, the real estate ETF’s underperformance highlights a key point: Not all REITs are created equal. Some categories, such as malls and offices, are not well-equipped for the post-pandemic economic landscape. 7 Nasdaq Stocks to Buy and Hold Forever Other REITs, however, are set to prosper and have substantial upside from today’s prices. These are seven undervalued REITs to buy before they take off.