A new NAREIT analysis offers data to challenge conventional wisdom that rising rates are always bad for REIT investors. The analysis shows that, during 16 periods of rising interest rates over approximately the past 20 years, REIT returns increased in 12 -- often by double digits. "[T]he truth is, when interest rates go up, it usually means the economy is strengthening," says NAREIT's Brad Case. "That's good news for REITs."
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