The domestic listed REITs market declined slightly last week. The average return of the 18 listed REITs was a rather insignificant -0.22%. This reflects a stalled market compared to the previous week (November 4-11), when the US Consumer Price Index (CPI) began to slow its rise and rapidly halt the sharp downturn. Expectations of a less steep interest rate hike were reflected in REIT stock prices, which enjoyed record rise of 5.85%, so this plateauing was somewhat predictable. The stance of the US Federal Reserve on monetary policy was significantly divided between hawks and doves. One expressed interest in raising interest rates further and at a quicker pace, which had […]