If You'd Invested $1,000 in AvalonBay Communities (AVB) 5 Years Ago, Here's How Much You'd Have Today

The pandemic was in full effect five years ago, and it had significant impacts on the housing market. Many people in large coastal cities moved to less restrictive markets in the Sun Belt region. That migration initially affected rental housing demand in AvalonBay's core coastal markets, weighing on its stock price. Investors who capitalized on the residential REIT's initial pandemic-driven dip have seen solid results over the past five years. A $1,000 investment in AvalonBay's stock would now be worth over ...