REITs perform better than condos over longer term

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Analysis by the Royal Bank of Canada shows that investors looking for long-term returns would be better off with REITs than condos. Comparing returns from the condo markets in Toronto and Calgary with two real estate investment trusts which own condos in those cities the RBC economists found that over the period 2008-2014 the REITs produced more than double the annual returns than the condos. Over shorter periods, depending on specific years, the condos performed better. 
  • Pierre on 2015-04-23 9:51:57 AM

    what is a REITS

  • Leon Dennis Johnson on 2015-04-23 3:29:45 PM


    A REIT is a real estate investment trust. Here is the definition from Investopedia:

    A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate.

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