REITs declined in the second quarter but still beat the overall market

06/30/2010 | Wall Street Journal, The

REITs declined 3% in the second quarter through June 29 as measured by the Dow Jones Equity All REIT index. But REITs still outperformed the overall stock market as the Dow Jones Industrial Average dropped 8.5% during the same period. Boosted by falling yields on Treasury securities, residential-mortgage REITs gained 3% in the quarter.

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