Apr 3, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

Are The Recent Stellar Returns In Real Estate ETFs Sustainable?

Posted: 03 Apr 2010 07:01 AM PDT

“In mid-2009 we asked whether real estate investment trust ETFs had priced in a predicted tidal wave of commercial real estate foreclosures. We concluded prices had fallen so far they could well be at fair market value. Those prices were fair indeed. REITs have nearly doubled in the past year. How did they do it? On the one hand, investors flocked to their steady dividends which compare favorably to anemic bond yields. On the other hand, REITs were able to shed problem properties and grab … [visit site to read more]


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