What The Recovery In REITs Looks Like
Aug. 18, 2015 - First Trust -
View from the Observation Deck
1. The FTSE NAREIT All Equity REITs (Real Estate Investment Trusts) Total Return Index closed 7.48% below its all-time high on
8/14/15, according to Bloomberg.
2. The index’s all-time high was set on 1/26/15, an indication that equity REITs had fully recovered from the previous bear market,
which ended in March 2009.
Financial System Healing
Aug. 17, 2015 - First Trust -
Every month, the National Association of Realtors reports on existing home sales, which are closings on previouslyowned homes. These sales have been doing very well lately, up in four of the past five months and up almost 10% from a year ago. We expect further gains when the next report comes out Thursday morning