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| Real estate stocks, as represented by the ETF (IYR) is back to the highs of early May. Volume does not really confirm this run, so we're watching for a break above $55, or a pullback and double top. The fund has some big mall operators, along with office, specialty, and residential REITs, which are paying around 3%, so maybe the quest for yield is propping up the stocks? |
Real Estate Topping Again?
