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Real Estate Stocks Recover

Real Estate Stocks Recover

BY A.D. PRUITT

Real-estate stocks posted strong gains in the fourth quarter, a sharp turnaround from a few months ago, when panic about Europe’s debt crisis threatened to derail the commercial real-estate recovery.

Real-estate investment trusts, as measured by the Dow Jones All REIT index, registered a total return of 15.1% for the quarter, the best performance since the third quarter of 2009.

The fourth-quarter return, which was slightly ahead of the broader stock market indexes, represented an about-face from the prior quarter, when REITs had a negative return of 15%. The total return for the Standard & Poor’s 500 index was 11.8% …

Read more at: http://online.wsj.com/article/SB10001424052970203899504577130890926021760.html?mod=residential_real_estate

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2 City Center Portland, ME 04101 150 Port Road Kennebunk, ME 04043 141 Maine Street Brunswick, ME 04011 46 Bay View Street Camden, ME 04843 40 Main Street Damariscotta, ME 04543 6 Neighborhood Road Northeast Harbor, ME 04662

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