The Market Commentary blog on reit.com presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership.
REITs Edged Slightly Higher Last Week
REITs had a small positive total return last week with a gain of 0.1% on the FTSE Nareit All Equity REITs Index.
Real GDP Exceeds Pre-pandemic High; Details of the Report Are Favorable for Commercial Real Estate
Real GDP rose at a 6.5% annual rate in the second quarter of 2021, and the details of the GDP report have several positive implications for the outlook for commercial real estate markets and REITs.
REITs Rose Again Last Week
REIT share prices rose for the third straight week, with the FTSE Nareit All Equity REITs Index posting a total return of 0.3%.
The Commercial Real Estate Recovery Gained Momentum in 2021:Q2
The recovery in commercial real estate markets is proceeding unevenly across the various property types through the second quarter of 2021
REIT Share Prices Little Changed Last Week
REIT share prices were little changed in the week ended July 16, with a total return of 0.5% on the FTSE Nareit All Equity REITs Index.
New Research Shows REITs Outperform Private Equity Real Estate Funds
New research shows REITs win a majority of head-to-head comparisons between domestic and international private equity real estate funds and REITs.
Strength in Brick & Mortar Sales Brightens Outlook for Malls, Shopping Centers
Retail sales grew a surprising 0.6% in June, demonstrating the strength of the consumer sector as the economic reopening continues.
Strong Stock Market Returns for REITs Last Week
REITs posted significant gains last week, with a total return of 2.5% on the FTSE Nareit All Equity REITs Index
Inflation Expectations Subside, According to Financial Market Prices
The pandemic and subsequent recovery have changed the outlook for both interest rates and inflation.
REITs Enjoyed Double-Digit Returns in Q2
The FTSE Nareit All Equity REITs Index delivered a total return of 12.0%, bringing the year-to-date return to 21.3%.
REITs Posted Broad-based Gains Last Week
The FTSE Nareit All Equity REITs Index rose last week, with a total return of 1.7%. Last week’s increase brought year-to-date returns to 22.7%.
Retail Sales Fell in May. What Does it Mean for Retail Commercial Properties?
Retail sales in May were 10.9% above recent trends, despite declining slightly from April. Brick & mortar sales are healthy even as e-commerce grows.