REIT Rally Turned to a Rout, as the 'Bottom' Dropped Out – Wall Street Journal

REIT Rally Turned to a Rout, as the 'Bottom' Dropped Out
Wall Street Journal

Real-estate investment trusts staged a big rally at the end of 2008, rising more than 40% in the last six weeks of the year. That partly reversed a 60% plunge and signaled to some optimistic investors that the worst was over for real estate. …
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