08.11.2012 - Global real estate funds see sharp rebound
Global real estate funds have been soaring. This year the funds have returned 25.6%, compared to 14.7% for the S&P 500 and 14.6% for real estate funds that focus on U.S. markets, according to Morningstar. The gains represent a sharp rebound from last year, when the funds lost 10.1%. In 2011, investors fled many foreign real estate stocks because of fears that the crisis in Europe could lead to a global downturn. The losses were particularly severe in China, where the government took steps to cool overheated real estate markets...............................................Full Article: Source
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