FTSE Nareit All REITs Index Down 2.4% in September

REIT returns slipped in September, with interest rate concerns undercutting gains made during the previous month.

The total returns of the FTSE Nareit All REITs Index fell 2.4 percent in September, while the S&P 500 rose 0.6 percent. In August, the FTSE Nareit All REITs Index rose 2.3 percent. The total returns of the FTSE Nareit Mortgage REIT Index fell 1.0 percent in September, while the yield on the 10-year Treasury note rose 0.2 percent. In August, the yield on the 10-year Treasury note was flat.