REITs Drop in November Amid Spike in Treasury Yields

REIT returns fell in November, as gains in long-term interest rates continued to put downward pressure on the sector, market watchers said.

The total returns of the FTSE/NAREIT All REIT Index dropped 2.0 percent in November, while the S&P 500 index gained 3.7 percent. Total returns of the FTSE/NAREIT All Equity Index fell 2.4 percent in November, while total returns of the FTSE NAREIT Mortgage REITs Index gained 1.7 percent.

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Quick Study: REITs Slip in September Amid Broad Market Downturn

In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, offered an analysis of REIT market developments in September.

The total return on the FTSE NAREIT All REITs Index decreased 5.6 percent, but Case stressed that September was “a difficult month for all investors…there was no place to hide last month in investing.”

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