Financial Accounts of the United States - Z.1
F.129 Real Estate Investment Trusts (REITs) (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Real estate investment trusts; gross saving | FA646000105 | -0.1 | 15.5 | -50.7 | 21.7 | 14.4 | -61.4 | -47.8 | -48.3 | -45.5 | 1 |
| Real estate investment trusts; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA125013005 | 14.7 | 15.4 | 16.8 | 15.5 | 15.7 | 16.2 | 16.4 | 17.0 | 17.5 | 2 |
| Real estate investment trusts; gross fixed investment, multifamily residential structures | FA125012063 | 2.8 | 7.6 | 1.9 | 6.6 | 10.9 | 1.9 | 4.9 | -0.2 | 1.0 | 3 |
| Real estate investment trusts; total financial assets | FA644090005 | -133.5 | 56.2 | 1.3 | 14.4 | 122.7 | 61.9 | -56.3 | 43.7 | -44.2 | 4 |
| Real estate investment trusts; checkable deposits and currency; asset | FA643020005 | 17.6 | -2.8 | -9.5 | 5.2 | -19.6 | 6.2 | -31.3 | 2.8 | -15.5 | 5 |
| Real estate investment trusts; debt securities; asset | FA644022005 | -154.5 | -30.2 | -1.1 | -73.1 | 18.8 | 12.0 | -41.0 | 57.8 | -33.2 | 6 |
| Mortgage real estate investment trusts; agency- and GSE-backed securities; asset | FA643061773 | -129.4 | -35.2 | -2.7 | -83.2 | 13.3 | -12.3 | -26.3 | 54.8 | -27.1 | 7 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -25.1 | 5.0 | 1.6 | 10.1 | 5.5 | 24.3 | -14.7 | 3.0 | -6.1 | 8 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | -8.2 | 64.6 | 16.2 | 84.3 | 83.7 | 41.0 | 37.1 | -23.3 | 10.1 | 9 |
| Real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065105 | -23.2 | 26.7 | -2.4 | 51.9 | 19.6 | -7.3 | 1.4 | -5.5 | 1.6 | 10 |
| Real estate investment trusts; multifamily residential mortgages; asset | FA643065405 | -4.4 | 5.2 | -1.5 | 4.8 | 6.6 | 0.6 | 0.1 | -2.4 | -4.3 | 11 |
| Real estate investment trusts; commercial mortgages; asset | FA643065505 | 19.4 | 32.8 | 20.2 | 27.6 | 57.6 | 47.7 | 35.7 | -15.4 | 12.7 | 12 |
| Real estate investment trusts; total miscellaneous assets | FA643090005 | 11.6 | 24.6 | -4.4 | -2.0 | 39.8 | 2.7 | -21.1 | 6.5 | -5.6 | 13 |
| Real estate investment trusts; total liabilities and equity | FA644194005 | -83.9 | 94.1 | 67.0 | -2.7 | 234.3 | 69.7 | 88.7 | 81.9 | 27.9 | 14 |
| Real estate investment trusts; total liabilities | FA644190005 | -105.8 | 54.9 | 45.5 | -46.5 | 195.7 | 28.8 | 60.9 | 68.4 | 24.0 | 15 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | -154.9 | -4.3 | -23.8 | -20.1 | 46.7 | -39.9 | -23.2 | 11.5 | -43.8 | 16 |
| Real estate investment trusts; debt securities; liability | FA644122005 | 42.6 | 56.8 | 32.2 | 22.9 | 74.1 | 33.6 | 40.6 | -8.4 | 63.1 | 17 |
| Mortgage real estate investment trusts; commercial paper; liability | FA643169173 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| Real estate investment trusts; corporate and foreign bonds; liability | FA643163005 | 42.6 | 56.8 | 32.2 | 22.9 | 74.1 | 33.6 | 40.6 | -8.4 | 63.1 | 19 |
| Real estate investment trusts; loans; liability | FA644123005 | -6.9 | 0.4 | 18.4 | -39.1 | 78.5 | 32.7 | 27.7 | 7.5 | 5.8 | 20 |
| Real estate investment trusts; depository institution loans n.e.c.; liability | FA643168005 | -0.4 | 9.4 | 2.9 | -14.5 | 56.0 | 12.8 | 11.3 | -20.6 | 7.9 | 21 |
| Mortgage real estate investment trusts; FHLB advances; liability | FA643169373 | -8.2 | -0.0 | -0.1 | -0.1 | 0.0 | 0.0 | 0.0 | -0.2 | 0.0 | 22 |
| Equity real estate investment trusts; total mortgages; liability | FA123165005 | 1.8 | -8.9 | 15.6 | -24.5 | 22.4 | 19.9 | 16.5 | 28.2 | -2.2 | 23 |
| Real estate investment trusts; unidentified miscellaneous liabilities | FA643193005 | 13.4 | 2.0 | 18.7 | -10.3 | -3.6 | 2.3 | 15.8 | 57.9 | -1.1 | 24 |
| Real estate investment trusts; corporate equities; liability | FA643164103 | 21.9 | 39.2 | 21.5 | 43.8 | 38.6 | 40.9 | 27.8 | 13.4 | 3.8 | 25 |
| Real estate investment trusts; sector discrepancy | FA647005005 | 31.9 | 30.4 | -3.7 | -17.5 | 99.4 | -71.7 | 75.9 | -27.0 | 8.0 | 26 |
| Real estate investment trusts; securitized assets | FA643065045 | -10.3 | 16.4 | 1.7 | 8.5 | 26.3 | 23.9 | 11.8 | -14.1 | -15.0 | 27 |
| Mortgage real estate investment trusts; securitized agency- and GSE-backed securities; asset | FA643061743 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28 |
| Mortgage real estate investment trusts; securitized one-to-four-family residential mortgages; asset | FA643065163 | -15.7 | 6.2 | 5.5 | 6.5 | 17.8 | 14.5 | 6.6 | 2.3 | -1.2 | 29 |
| Mortgage real estate investment trusts; securitized multifamily residential mortgages; asset | FA643065443 | -4.6 | 2.5 | 0.7 | 2.1 | 2.3 | 1.7 | 0.9 | 0.5 | -0.5 | 30 |
| Mortgage real estate investment trusts; securitized commercial mortgages; asset | FA643065543 | 10.0 | 7.8 | -4.5 | -0.1 | 6.2 | 7.7 | 4.4 | -16.9 | -13.3 | 31 |
NOTES
- Additional detail on financial assets and liabilities for equity and mortgage REITs is available on tables F.129.e and F.129.m.
Last Update: March 9, 2023