In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, said REIT market gains in October provided some comfort to investors and showed that conditions are in place for continued growth.
The total returns of the FTSE/NAREIT All REIT Index rose 6.1 percent in October, while the S&P 500 Index gained 8.4 percent. The yield on the 10-year Treasury note was up 0.1 percent for the month. As of Oct. 30, REIT total returns were up 1.3 percent for the year, while the S&P 500 Index was up 2.7 percent.
