The State Of REITs: April 2024 Edition

Andrii Yalanskyi REIT Performance In March the REIT sector recovered some of its losses from the first two months of the year, but still closed out Q1 2024 in the red. Equity REITs averaged a +3.26% total return in March and outperformed the broader market. The NASDAQ (+1.8%), Dow Jones Industrial Average (+2.2%) and S&P 500 (+3.2%) all saw solid gains in March albeit smaller gains than the average REITs. The market cap weighted Vanguard Real Estate ETF (VNQ) fell short of the average REIT in March (+1. ...