The MSCI U.S. REIT index fell 7.6 percent as U.S. homebuilders and real estate companies' shares fell, Reuters reports. The Dow Jones U.S. Home Builders index fell 6 percent. Additionally, bonds backed by commercial real estate loans fell a second day on Wednesday as investors anticipate defaults on loans on such properties as office buildings, retail stores and hotels, the agency writes.
REIT, homebuilder shares fall
About the Author
Danielle is the Managing Editor of Investment Advisor Magazine. She has been a part of the publishing industry for five years, covering the advisory industry for the last three years. Danielle has a BA in Economics from the University of California, Santa Cruz, and is a member of the Society of Professional Journalists.
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