Industrial was the only positive sector among REITs last week at +1% with single-family rentals (SFRs) (0.3%) next best, according to a new report from BTIG.
REITs overall declined 1% last week, underperforming the broader market indices again as concerns about – what else – the debt ceiling, inflation, and the economy.
Despite the positive shift in estimate revision in Q2, REITs are substantially lagging behind the broader market indices over that same period.
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