Market Analysis & Research

Retail sales in May were 10.9% above recent trends, despite declining slightly from April. Brick & mortar sales are healthy even as e-commerce grows.

REIT share prices declined last week, with a total return of negative 3.1% on the FTSE Nareit All Equity REITs Index.

Prices on commodity futures contracts can provide an early warning of inflation trends.

REITs rose last week with a 2.5% total return on the FTSE Nareit All Equity REITs Index, the fourth consecutive weekly gain.

Despite the bumps in the road ahead, the issue of a strong recovery is no longer “if” but “when”.

REITs are up more than 20% so far this year, as of June 4.

REITs rose last week, with a total return of 2.0% on the FTSE Nareit All Equity REITs Index

As of May 21, which marks 15 months since the market peak prior to the pandemic, REIT total returns have fully recovered from the initial losses in early 2020.

REITs have reduced their reliance on borrowings, which lowered leverage ratios considerably over the past decade.

The increases came even as broader markets edged slightly lower, as seen in the negative 0.3% return on the Russell 1000.