Industry News

Wall Street hammers real estate stocks

Nine of 10 companies in Inman Index suffer price declines
Published on Aug 2, 2006

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by CareyBot

Wall Street's mixed feelings about real estate companies this year took a decidedly more negative turn in July.

The hypothetical Inman Index lost 5.4 percent of its value during the month, once again a poorer performance than that of the broader market indices ...