The uptrend of the K-REITs market has hit a wall. The simple average return for the 20 listed REITs last week was -0.21%. The 3-week recovery after the slump at the start of the year has been put on hold. Last week, expectations for an early interest rate cut continued to subside, as the US Consumer Price Index (CPI) exceeded market expectations and members of the Federal Reserve continued to make hawkish remarks, which appears to have had an impact on REIT stock prices. However, just like the previous week, REITs that had suffered significant declines are continuing their upward trend. The timing of the interest rate cut […]