The MSCI U.S. REIT index fell 7.6 percent as U.S. homebuilders and real estate companies' shares fell, Reuters reports. The Dow Jones U.S. Home Builders index fell 6 percent. Additionally, bonds backed by commercial real estate loans fell a second day on Wednesday as investors anticipate defaults on loans on such properties as office buildings, retail stores and hotels, the agency writes.
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Join MetLife in an informative seminar that will help you grow your business and provide a differentiating client experience.
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