The State of REITs: September 2023 Edition

The REIT sector gave up some of the gains achieved in June and July with a -4.13% average total return in August. Small cap REITs (-2.49%) outperformed again in August. Micro caps (-13.08%) badly underperformed their larger REIT peers. Only 18.06% of REIT securities...

The State of REITs: August 2023 Edition

The REIT sector followed a strong June with further gains in July, averaging a solid +4.37% total return in July. Small cap REITs (+5.23%) continued to outperform in July. Large caps (+2.46%) underperformed their smaller REIT peers for the 3rd straight month in July....

The State of REITs: July 2023 Edition

After 4 straight months in the red, the REIT sector surged back into the black year to date with a stellar +7.41% total return in June. Small cap REITs (+8.59%) outperformed again in June. Large caps (+5.51%) again underperformed their smaller REIT peers in June. A...

The State of REITs: June 2023 Edition

The REIT sector declined for the 4th consecutive month with a -2.50% total return in May. Small cap REITs (-1.02%) outperformed in May by averaging the most modest negative total returns. Large caps (-4.64%) underperformed their smaller REIT peers. Only 30.38% of REIT...

The State of REITs: May 2023 Edition

The REIT sector declined for the 3rd month in a row with a -2.88% total return in April. Large cap REITs (+1.35%) saw gains, while mid caps (-0.90%), small caps (-4.44%), and micro caps (-10.62%) all finished April in the red. 18% of REIT securities had a positive...

The State of REITs: April 2023 Edition

The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-15.50%) were deeper in the red. Only 21.25% of REIT securities had a...