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REIT, homebuilder shares fall

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November 19, 2008 • Reprints

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.

About the Author
Danielle Andrus, AdvisorOne

Danielle Andrus, AdvisorOne

Danielle is the managing editor of Investment Advisor magazine. She has been a part of the publishing industry since 2006, covering the advisory industry since 2007. 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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