booming
The One Place Real Estate is Booming

Posted May 20th, 2008 by Diane Kennedy
It’s the second hottest fund category. Who knew that stock investors would fall in love with real estate? In this case, REITs (real estate investment trust) are up more than 7%. The leaders are natural resource funds up 13%.
Leading REIT indexes were down more than 15% last year, so the 7% gain hasn’t recovered the loss yet. But, compared to other real estate markets, this gain isn’t that bad.
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