Case: REITs doing well but still 29% below market high

05/4/2010 | REIT.com

REITs have posted a strong year-to-date performance through April, approximately doubling the growth of the overall stock market, according to NAREIT Vice President of Research and Industry Information Brad Case. They are also up 121% from the market bottom in March 2009. "However, you have to keep in mind the severity of the downturn for REITs," he says. "Right now, they are still 29% down from where they were" before the market started to decline.

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