Real Estate Stocks Outperformed 2012 Market.
WSJ article “REITs Gained in 2012 on Economy, Housing” shows improved outlook housing and real estate market with some analysts expecting another strong year ahead.
The Dow Jones Equity ALL REITs index tracks 136 real estate investment trusts had a return last year of almost 20%, more than double 2011.
Stocks of Home Builders posted strong returns as well with the Dow Jones US Construction Index 83% higher in 2012.
The National Association of Real Estate Investment Trusts, REITs raised a record $67.4 Billion in debt and equity as of November, up 30% from 2011.
Top performing REIT sectors in 2012:
- Regional Malls with total returns 28%.
- Industrial Operators up 23%.
- Health Care Companies up 20%.
- Hotel REITs average 12% gains.
- Apartment Companies posted 7% gains.
To read full WSJ article go to http://blogs.wsj.com/developments/2013/01/02/real-estate-news-reits-gained-in-2012-on-economy-housing/