REITs More Expensive Than Stocks – Wall Street Journal – 12/10/12

Getting Pricey

Investors are becoming cautious about REITs, which are more expensive than stocks in the S&P 500.

Note: REITs share prices vs. three-year forward adjusted funds from operations, S&P 500 one-year forward price-to-earnings ratio

Sources: Green Street Advisors; FactSet; The Wall Street Journal


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