Exchange traded funds following REITs were chart toppers this month, Gary Gordan writes in a Seeking Alpha commentary. That solid performance comes even as housing numbers slumped. "A cynic might quip that the run-up in REIT ETF purchases is merely a function of year-end yield hunting. Yet quarterly income payments of 1.3% hardly accounts for a chase that resulted in 9%-10% in capital appreciation over the course of a single month," Gordon said.
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