Breaking Down September’s Double-Digit Drop for REIT Total Returns

Wealth Management Real Estate, Oct. 10, 2022–David Bodamer
Publicly traded REITs saw total returns fall 12.72 percent in September, leaving the FTSE Nareit All Equity REITs index down 27.93 percent year-to-date. REITs have been swept up in the broader decline for equities, including the Nasdaq Composite (down 32.00 percent year-to-date through Sept. 30), the S&P 500 (-23.87 percent), The Russell 2000 (-25.10 percent) and the Dow Jones Industrial Average (-19.72 percent).