For the week ending June 6, $20.8 million was invested in mutual funds that specialize in real estate, bringing their assets to $11.1 billion, the first time since July 1998 that they have topped $11 billion. The average trading volume for the last 30 days slid 2.33% from last week to 16.6 million shares.
The dividend yield for the RMS was down to 6.96% compared to 7.09% the week before, as were the spreads over the S&P 500, which moved down to 572 basis points from 584 bps, and the 10-year Treasury, which dipped to 163 bps from 174 bps.
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