The Market Commentary blog on reit.com 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.
Blog
Ostrich Effect in Private Real Estate Valuations Contrasts with More Accurate REIT Pricing
A recent Nareit commentary noted that the public-private real estate valuation gap persists, with private appraised property values still disconnected from market realities.
Blog
Global REITs Declined in August as North America Continues to Lead
The FTSE EPRA Nareit Developed Plus Index fell 2.8% in August and has posted a year-to-date total return of 8.8%. North America continues to set the pace regionally with a year-to-date total return of 16.3%.
Blog
Real Estate’s “Triple D”: Valuation Divergence, Denial, and Discounts
Recently, the real estate valuation process has taken a journey of its own—one defined by a different “Triple D”: Divergence, Denial, and Discounts.
Blog
REITs Underperform Broader Markets in August, Continue to Lead Year-to-Date
The FTSE Nareit All Equity REITs Index fell 2.7% in August, while continuing to lead the broader stock market on a year-to-date basis. Broader equity markets rose on the month, with the Russell 1000 gaining 2.8% and the Dow Jones U.S. Total Stock Market rising 2.7%.
Blog
Resolution Capital Uses REITs to Enhance Client Portfolio
Australia’s Resolution Capital worked with a European client with an existing private diversified real estate portfolio to enhance the liquidity, efficiency, and diversification of its real estate portfolio by adopting a global listed real estate securities sleeve.
Blog
REITs Ready for Growth with Disciplined, Well-Structured Balance Sheets
Well-structured balance sheets have also allowed REITs to continue to operate from a position of financial strength.
Blog
Strength in REIT Operations Underpins Strong Investment Performance
REITs have delivered strong investment performance thus far in 2026.
Blog
Commercial Real Estate Supply-Demand Dynamics Continue to Improve
A recent Nareit commentary noted that fundamentals across the four traditional property types continued to show positive momentum and signs of stabilization, but occupancy rates remained mostly flat and rent growth struggled to match inflation.
Blog
Improving Property Fundamentals Key to Strength of Future Operational Gains
In the second quarter of 2026, CoStar data indicated that fundamentals across the four traditional property types continued to show positive momentum and signs of stabilization.
Blog
Global REITs Extend Gains in July as North America Continues to Set the Pace
The FTSE EPRA Nareit Developed Extended Index gained 2.8% in July, bringing its 2026 return to 11.9%, while the FTSE EPRA Nareit Developed Index returned 2.7% for the month and has gained 13.2% year-to-date.
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REITs Continue to Outperform Broader Markets Through July, Led by Lodging/Resorts
The FTSE Nareit All Equity REITs Index rose 2.4% in July, extending its year-to-date total return to 17.7%.
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North American REITs Resilient Amid Middle East Turmoil
Financial markets have remained volatile as investors react to periods of relative peace in the Middle East, followed by episodes of outright conflict, as a permanent solution to the crisis remains elusive.