Industry News

Real estate sector languishes on Wall Street

Inman Index: Investors unenthusiastic about brokerage, mortgage stocks
Published on Jun 2, 2006

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by CareyBot

Real estate brokerage, technology and mortgage stocks lost value on Wall Street in May as did the broader market indices that indicate overall investor sentiment. Eight of the 10 corporations that make up the hypothetical Inman Index were in the minus column at month-end.

The largest losers on a percentage-of-stock-price basis were Interactive Corp ...