Funds from operations for 2013 probably will be $4.17 to $4.47 a share, down 19 percent from last year based on the midpoint of the range, the Arlington, Virginia-based real estate investment trust said in a statement yesterday after the close of regular U.S. trading. The average estimate()
AvalonBay falls well below estimated earnings
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
