Real estate stocks post mixed results
Inman Index: Countrywide, Toll Bros. gain ground, IndyMac falters
By Marcie Geffner, Monday, April 30, 2007.Editor's note: Four new companies have been added to the Inman Index this month. First American Financial, Fidelity National Financial, D.R. Horton and Toll Brothers were selected both to diversify the index to include more aspects of real estate and narrow the index to companies that focus primarily on real estate.
Investors took a new look at real estate stocks in April and liked some of what they saw. Six of the 10 companies that comprise the hypothetical Inman Index gained ground; one company was virtually unchanged, and only two closed in negative territory.
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