Nareit Market Commentary

The Market Commentary blog on presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership.

  • 8/24/2020

    REIT Industry August 2020 Rent Survey Results

    Given that rent collections in the industrial, office, and healthcare sectors have stabilized at high levels, the August survey focuses on three property subsectors: apartments, free standing retail, and shopping center retail.
  • 8/24/2020

    REIT Returns Treading Water in Recent Weeks

    The FTSE Nareit All Equity REITs index was down 0.3% in terms of total return.
  • 8/20/2020

    REIT Earnings Fell in Q2, But Strong Balance Sheets Show Resilience

    The sharp decline in REIT earnings reflects the record contraction in GDP in the second quarter. Economic activity hit bottom in April, however, and began rebounding over the past four months.
  • 8/17/2020

    REIT Stock Returns Mixed Last Week

    The overall FTSE Nareit All Equity REITs index was down 1.8% in terms of total return.
  • 8/10/2020

    REITs Rose Again Last Week

    REIT share prices rose last week, with a total return of 1.2% on the FTSE Nareit All Equity REITs index.
  • 8/5/2020

    CBMS Delinquency Rate Drops in July

    The 30+ day delinquency rate on securitized commercial mortgages fell 72 basis points in July, to 9.60%.
  • 8/3/2020

    The Plunge in GDP was Deep, but not so Broad

    A few areas—travel, hotels, restaurants and bars, other recreation—were responsible for over a third of the overall economic decline in Q2, yet these categories represent just 6% of the overall U.S. economy.
  • 8/3/2020

    REITs Rose Last Week to Finish July in Positive Territory

    REIT share prices rose last week with the FTSE Nareit All Equity REITs index posting a positive return of 4.2%.
  • 7/29/2020

    Commercial Real Estate Markets Weaken in Second Quarter

    Demand weakened even as construction projects initiated well ahead of the pandemic continued to be delivered to the market, leading to a rise in vacancy rates and softening of market rents.
  • 7/27/2020

    Little Change in REITs, Broader Equity Market Last Week

    Markets ended with little change last week as the FTSE Nareit All Equity REITs index had a total return of -0.6%, reversing the small gains from the prior week. Broad equity markets were down as well, with a -0.3% total return on the Russell 1000.