FTSE Nareit All REITs Index Rose 2.1% in September

REIT returns outpaced the broader market in September and for the year-to-date, as a moderate growth and low interest rate environment continued to favor the sector.

The total returns of the FTSE Nareit All REITs Index rose 2.1% in September, outpacing the S&P 500, which rose 1.9% during the same period. The total returns of the FTSE Nareit Mortgage REIT Index gained 6.7% last month, while the yield on the 10-year Treasury rose 0.2%.

For the year to Sept. 30, the FTSE Nareit All REITs Index was 27.4% higher, while the S&P 500 was 20.6% higher.