by Simon Bowler | Jan 15, 2026 | The State of REITs
The State of REITs: January 2026 Edition The REIT sector closed out 2025 with a tough December (-1.48%) and finished the year with a total return of-3.57%. Small caps (+0.51%) eked out a small gain in December, while mid caps (-1.77%), large caps (-2.55%), and micro...
by Simon Bowler | Jan 5, 2026 | Baseline +
The NASDAQ, S&P500, and Dow Jones Industrial Average surged to all-time highs again and again and again during 2025. While some portion of those gains was warranted by earnings growth, much of the surge was fueled by multiple expansion. The Shiller PE Ratio just rose above 40 for only the 2nd time in history and is very close to an all-time high.
by Simon Bowler | Dec 12, 2025 | The State of REITs
The State of REITs: December 2025 Edition The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November, followed by small caps (+3.38%) and large caps (+0.32%); micro caps...
by Simon Bowler | Nov 19, 2025 | The State of REITs
The State of REITs: November 2025 Edition The REIT sector has seen back-to-back tough months as it saw a modest average negative total return in September (-0.73%) and fell deeper into the red in October (-4.03%). Small cap REITs (-5.05%) had the worst performance in...
by Simon Bowler | Oct 13, 2025 | The State of REITs
The State of REITs: October 2025 Edition After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector’s year-to-date average total return down to (-1.74%). Mid cap REITs (-0.92%) averaged the lowest total return in September. Large caps...
