Quarter-End Insights

Real Estate: Firms Sensitive to Interest Rates in Short Term, but Less So in Long Term

Kevin Brown

The Morningstar Global Real Estate Index rose 11% over the trailing 12 months, outperforming the broader global equity market (1%) after an interest-rate decline in the middle of the fourth quarter of 2018. Over the last three months, the sector's performance (13%) has been in line with the global equity market (11%).


Real estate is down slightly but is outperforming the Global Equity Index - source: Morningstar Analysts

Kevin Brown does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.