Real Estate: Firms Sensitive to Interest Rates in Short Term, but Less So in Long Term
No stocks in our real estate coverage are trading at 5 stars.
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.