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 Retreat After Six Week String of Gains
REIT share prices dipped last week following a six week string of increases, as the FTSE Nareit All Equity REITs Index had a total return of -0.7%.
Multifamily Markets Rebounded in First Quarter While Office Continued Slide
Multifamily markets rebounded in the first quarter with the second-highest quarterly demand growth on record, according to data recently released by CoStar.
REITs Extend Winning Streak to Six Weeks
The FTSE Nareit All Equity REITs Index posted a total return of 1.3%. Broader markets, in contrast, were flat-to-down.
Announcing the Launch of the FTSE EPRA/Nareit Global Real Estate Extended Index Series
The FTSE EPRA Nareit Global Real Estate Extended Index Series broadens property sector coverage to include additional securities beyond those currently eligible for the FTSE EPRA Nareit Global Real Estate Index Series including Cell Towers and Timber.
Commercial Property Prices Little Changed in First Quarter
The flattening out of overall index, however, masks divergent trends among different sectors of the overall commercial real estate market.
REIT Stocks Return to Pre-Pandemic High
The REITs’ stock market path through the recovery to date can be usefully described as three distinct periods.
REITs Weekly Gains Continue for Fifth Week
REIT stocks continued their steady recovery with the fifth straight weekly gain in the FTSE Nareit All Equity REITs Index.
REITs Rose Across the Board Last Week
These latest gains, the fourth straight weekly increase, lifted year-to-date returns to 13.5%.
Will Pent Up Demand for Weddings Help Hotels Recover?
Leisure travel is starting to show signs of recovery, indicated by a spring break bump at our nation’s airports, and one area that is practically bursting to get back to business are weddings and wedding receptions.
REITs Moved Slightly Higher Last Week
REIT share prices moved higher last week, with a 0.3% total return on the FTSE Nareit All Equity REITs Index.
REITs Supported 2.6 million Jobs in 2019
From 2016 to 2019, the jobs equivalent contribution from REITs has risen by 600 thousand.
REITs’ Recovery Gained Momentum in March
The recovery in REIT share prices gained momentum in March as the FTSE Nareit All Equity REITs index delivered a total return of 5.5%.