Real estate stocks have become oversold and this has created an opportunity for investors, according to BMO. In fact, since the group has been part of the S&P 500, there have been only a handful of other times where the stock has underperformed the index on a year-over-year basis, said chief investment strategist Brian Belski. he wrote in a note on Tuesday. Real estate is the only S&P 500 sector in the red this year, down 6%. “According to our work, this type of abnormal underperformance has typically been shown to be a turning point historically,” Belski said. “[We] we believe the sector is poised for recovery in the coming months and recommend investors use its current weakness as a buying opportunity,” he added. Over the next year, real estate has outperformed the S&P 500 on average Performance has fared somewhat better during periods of falling interest rates, they have also managed to outperform in a higher interest rate environment, Fundamentals also said, according to Belski declines” , said in an interview on ” Squawk on the Street . “Here are some of the REITs that are going over the top, so investors can earn some income while they wait for a rebound. Investors can reap a 6.4% dividend yield with Boston Properties.The company develops, owns and manages workplaces across the country, including New York and San Francisco.Office REITs have suffered from the trend of the Covid- 19 to work from home and the slow return to the office. However, that is changing, Belsky noted. “Everybody is working. We’re back to work,” he told CNBC. “The death of commercial real estate is very, very out of the question. I think people predicted that too early.” Shares are down nearly 13% year-to-date and have about 27% upside to BMO’s price target. Meanwhile, REIT data center Equinix just saw the stock of rising more than 11% on Thursday, fueled by a decline in earnings. digital initiatives to drive long-term revenue growth and operational efficiency,” Equinix chairman and CEO Charles Meyers said in a statement. Shares have lost about 6% so far this year and are up about 25% on target BMO’s dividend yield is 2.3%, and is down about 4% year-to-date.The company’s portfolio includes senior housing communities, which benefit from an aging population. The last of the baby boomers will turn 65 in 2030, according to the US Census Bureau. The stock, which is yielding 3.8%, is up about 7% from BMO’s price target. Finally, Host Hotels & Resorts , which owns upscale and luxury hotels, has a dividend yield of 4.4% and is down nearly 6% so far this year. It also has about 25% upside to BMO’s price target. Earlier this month, the company reported adjusted funds from operations for the first quarter that beat estimates. It also posted a revenue beat and raised its full-year funds-from-operations and revenue guidance.