Industry News

Wall Street wrecks real estate stocks

Inman Index: Not even First American was spared
Published on Oct 1, 2007

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by CareyBot

Wall Street swung a megaton wrecking ball at real estate stocks in September.

Every one of the 10 companies that comprise the hypothetical Inman Index of real estate stocks suffered a one-month loss and all of the issues have lost at least 10 percent, if not much more, of their value so far this year.

Hardest hit among the 10 companies last month were home builder ...

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