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...

The State of REITs: March 2023 Edition

The REIT sector gave up most of January’s big gains in February with a -6.18% total return. Small cap (-7.42%) and mid cap (-6.05%) REITs fell the furthest in February, with micro caps (-5.15%) and large caps (-4.74%) seeing smaller declines. Only 13.04% of REIT...

The State of REITs: February 2023 Edition

The REIT sector sharply rebounded from a tough 2022 with an +11.77% total return in January 2023. Micro cap REITs (+16.16%) saw disproportionately strong gains in January, followed by double-digit returns for small caps (+11.79%), mid caps (+11.50%), and large caps...

The State of REITs: January 2023 Edition

The REIT sector ended a brutal 2022 on a low note with a -7.72% total return in December. Large cap (-4.89%), mid cap (-6.03%) and small cap (-8.21%) REITs all averaged single-digit declines in December, but micro caps (-15.21%) fell much more sharply. Only 8.02% of...

The State of REITs: December 2022 Edition

The REIT sector achieved back-to-back months of gains for the first time in 2022, with a +3.33% total return in November. Large-cap (+5.95%), mid-cap (+5.14%), and small-cap (+3.40%) REITs all continued their recovery in November, but micro-caps (-6.57%) fell further...

The State of REITs: November 2022 Edition

The REIT sector achieved only its 3rd month in the black, out of the first 10 months of 2022 with a +8.69% total return in October. Large cap REITs (+2.92%) averaged small gains, micro caps (+7.36%) and mid caps (+8.11%) had moderate gains and small caps (+12.85%)...