Market Commentary Will the Growing Trade War Clouds Rain on REITs and Real Estate? The economic forces that affect the demand for domestic U.S. commercial real estate differ from those affecting global corporations, and stock returns reflect these differences. 08/26/2019 Image
Market Commentary REITs and Baseball One of the more common ways to describe the outlook for REITs is to pick which inning of a ballgame corresponds to today’s REIT market. For the past several years, most observers have said the market was in the seventh or eighth inning. 08/21/2019 Image
Market Commentary Economic Activity Slows to Trend in Q2 The economy is returning to its trend growth after getting a boost from the 2017 tax cuts. 08/07/2019 Image
Market Commentary Mid-Year Outlook for Commercial Real Estate and the Economy For all the hand-wringing six months ago, the first half of the year turned out pretty well for commercial real estate markets and REITs. 08/06/2019 Image
Market Commentary CRE Expansion at Mid-year: No End in Sight Nareit economist Calvin Schnure reviews the latest data on supply and demand conditions, and vacancy rates and rent growth. 07/31/2019 Image
Market Commentary REIT Debt: The Long and the Short of It REITs have extended overall debt maturities and reduced leverage over the past decade, and access the commercial paper market from a position of balance sheet strength. 07/22/2019 Image
Market Commentary Supply-Demand Fundamentals Favor Apartment REITs The occupancy rate at apartment REITs has continued to move to new record highs during this building boom. 07/18/2019 Image
Market Commentary REIT Earnings Rose to $15.9 billion in Q1 Funds from operations of all Equity REITs increased to $15.9 billion in the first quarter, according to the Nareit T-Tracker. Occupancy rates remain near the record highs set last year. 05/30/2019 Image
Market Commentary Is There Another Housing Bubble Building? Rising house prices have raised concerns about whether another speculative bubble is brewing. In today’s housing markets, however, it is a scarcity of housing supply that is pushing up prices. 05/03/2019 Image
Market Commentary Commercial Real Estate Markets: A Slow Start to 2019 Real estate markets softened in the first quarter, with the demand for leased space slowing for most major property types. Demand did not fall but the weakness may reflect a cautious environment during the winter months. 05/02/2019 Image
Market Commentary REITs and the Rise of High-tech Real Estate A generation ago, most commercial real estate consisted of a building and four walls that provided space and services for tenants. Today, however, a growing share of real estate supports the high-tech sector. 04/26/2019 Image
Market Commentary REITs and Interest Rates: A Positive Shift in the Market The relationship between REIT returns and long-term interest rates has turned positive again. 04/11/2019 Image