(EMAILWIRE.COM, April 15, 2009 ) Houston, TX – EmailWire.Com - a global newswire and press release distribution service in conjunction with EstateNewswire.Com (http://www.estatenewswire.com ) report that Real Estate Development composite index rose by 5.25 percent to a high of 389.2. Today's Real Estate Development Industry top performers are Stratus Properties, Inc.(Nasdaq: STRS), ST JOE CO (THE)(NYSE: JOE), AMREP CP NEW(NYSE: AXR), CONS TOMOKA LAND CO(AMEX: CTO).

In other news, Housing Marketing Index (HMI) rose by five points in April to 14 – up more than 50 percent from 9. This is considered the biggest one-month jump since 2003. The index is a number between 1 and 100 and it is provided by National Association of Home Builders (NAHB) and Wells Fargo. For more news on Real Estate, go to EstateNewsWire.com.

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