Take a look at the following real_estate stocks that showed higher volumes than usual: CoStar Group, Inc., Vornado Realty Trust, Simon Property Group Inc.

Here's an update with information from the last trading session: Markets closed higher yesterday; S&P 500 closed the day at 4,450.38, having gained 1.23%. Nasdaq gained 1.45% and closed at 13,800.

Why trading volume matters?

Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.

Price action was mostly bullish yesterday with some real_estate stocks recording abnormally high trading volumes. Here's a recap:

CoStar | 533% higher than rolling average

The information and analytics provider now trading 30.1% above its 3-month low of $57.94. The stock has been trending positively for about 3 months. CoStar has a market cap of $36.36 billion with an average daily trading volume of 4.65 million shares.

CoStar had a compelling day yesterday, with 24.78 million shares traded helping the company surpass its average daily volume by 533%.

Vornado Realty Trust | 221% above rolling average

Vornado Realty Trust outpaced its average daily trading volume (4.66 million) with 10.30 million shares traded yesterday.

The Manhattan real estate specialist is up 39.1% from the significant low of $12.38 it hit a month ago. Vornado Realty Trust has posted further gains as part of a 3 day trend that has already seen the stock gain 54 cents.

Simon Property Group | 187% above rolling average

With 3.15 million shares traded yesterday, Simon Property Group beat its daily average by 187% to cap off a frenetic trading day.

The real estate investment trust has fallen back around 12.92% over the past 4 months, from a notable high of $131.79. The stock has been trending positively for about a month. Simon Property Group has posted further gains as part of a 6 day trend that has already seen the stock gain $7.02.

Simon Property Group discloses $1.85 per share dividend to be paid on Friday, June 30th

— Average trading volume refers to a 21-day rolling average.