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 | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Real estate investment trusts; gross saving | FA646000105 | -36.4 | -0.1 | 15.5 | -50.7 | -61.4 | -47.8 | -48.3 | -45.4 | -46.2 | 1 |
| Real estate investment trusts; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA125013005 | 12.0 | 14.7 | 15.4 | 16.9 | 16.2 | 16.4 | 17.0 | 17.7 | 18.3 | 2 |
| Real estate investment trusts; gross fixed investment, multifamily residential structures | FA125012063 | 7.1 | 2.8 | 7.6 | 1.9 | 1.9 | 4.9 | -0.2 | 1.2 | 1.7 | 3 |
| Real estate investment trusts; total financial assets | FA644090005 | 77.4 | -133.5 | 56.2 | -3.3 | 62.3 | -55.0 | 42.6 | -63.0 | 118.2 | 4 |
| Real estate investment trusts; checkable deposits and currency; asset | FA643020005 | 8.9 | 17.6 | -2.8 | -9.7 | 6.7 | -30.6 | 2.6 | -17.5 | 6.1 | 5 |
| Real estate investment trusts; debt securities; asset | FA644022005 | 46.9 | -154.5 | -30.2 | -0.7 | 12.0 | -40.7 | 57.4 | -31.7 | 71.9 | 6 |
| Mortgage real estate investment trusts; agency- and GSE-backed securities; asset | FA643061773 | 50.3 | -129.4 | -35.2 | -3.2 | -12.3 | -26.3 | 54.8 | -28.8 | 78.1 | 7 |
| Real estate investment trusts; corporate and foreign bonds; asset | FA643063005 | -3.4 | -25.1 | 5.0 | 2.4 | 24.3 | -14.4 | 2.6 | -2.8 | -6.2 | 8 |
| Real estate investment trusts; total mortgages; asset | FA643065005 | 18.9 | -8.2 | 64.6 | 17.4 | 41.4 | 37.4 | -22.9 | 13.6 | 20.9 | 9 |
| Real estate investment trusts; one-to-four-family residential mortgages; asset | FA643065105 | 3.3 | -23.2 | 26.7 | -1.5 | -6.2 | 1.5 | -5.3 | 3.9 | 7.8 | 10 |
| Real estate investment trusts; multifamily residential mortgages; asset | FA643065405 | 7.4 | -4.4 | 5.2 | 0.0 | 6.0 | -0.1 | -2.1 | -3.6 | -1.2 | 11 |
| Real estate investment trusts; commercial mortgages; asset | FA643065505 | 8.3 | 19.4 | 32.8 | 18.8 | 41.6 | 36.0 | -15.5 | 13.3 | 14.3 | 12 |
| Real estate investment trusts; total miscellaneous assets | FA643090005 | 2.6 | 11.6 | 24.6 | -10.2 | 2.1 | -21.2 | 5.5 | -27.4 | 19.3 | 13 |
| Real estate investment trusts; total liabilities and equity | FA644194005 | 162.3 | -83.9 | 94.1 | 64.7 | 71.8 | 89.3 | 82.0 | 15.8 | 130.5 | 14 |
| Real estate investment trusts; total liabilities | FA644190005 | 125.7 | -105.8 | 54.9 | 43.2 | 30.8 | 61.5 | 68.6 | 12.0 | 116.3 | 15 |
| Mortgage real estate investment trusts; security repurchase agreements; liability | FA642151073 | 71.8 | -154.9 | -4.3 | -18.5 | -39.9 | -23.2 | 11.5 | -22.6 | 83.2 | 16 |
| Real estate investment trusts; debt securities; liability | FA644122005 | 69.3 | 42.6 | 56.8 | 33.8 | 33.6 | 40.4 | -8.2 | 69.5 | 53.2 | 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 | 69.3 | 42.6 | 56.8 | 33.8 | 33.6 | 40.4 | -8.2 | 69.5 | 53.2 | 19 |
| Real estate investment trusts; loans; liability | FA644123005 | -8.2 | -6.9 | 0.4 | 20.7 | 34.7 | 28.4 | 7.4 | 12.4 | -17.5 | 20 |
| Real estate investment trusts; depository institution loans n.e.c.; liability | FA643168005 | -9.2 | -0.4 | 9.4 | 3.9 | 12.8 | 11.5 | -20.8 | 12.0 | -13.6 | 21 |
| Mortgage real estate investment trusts; FHLB advances; liability | FA643169373 | -0.9 | -8.2 | -0.0 | -0.1 | 0.0 | 0.0 | -0.2 | 0.0 | 0.0 | 22 |
| Equity real estate investment trusts; total mortgages; liability | FA123165005 | 1.9 | 1.8 | -8.9 | 16.9 | 21.9 | 16.9 | 28.3 | 0.5 | -3.9 | 23 |
| Real estate investment trusts; unidentified miscellaneous liabilities | FA643193005 | -7.2 | 13.4 | 2.0 | 7.2 | 2.4 | 15.9 | 58.0 | -47.4 | -2.6 | 24 |
| Real estate investment trusts; corporate equities; liability | FA643164103 | 36.7 | 21.9 | 39.2 | 21.5 | 40.9 | 27.8 | 13.4 | 3.8 | 14.2 | 25 |
| Real estate investment trusts; sector discrepancy | FA647005005 | 29.4 | 31.9 | 30.4 | -1.5 | -70.1 | 75.3 | -25.7 | 14.5 | -53.9 | 26 |
| Real estate investment trusts; securitized assets | FA643065045 | 29.2 | -10.3 | 16.4 | 2.3 | 23.9 | 11.8 | -14.1 | -12.4 | -1.2 | 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 | 9.6 | -15.7 | 6.2 | 6.3 | 15.1 | 6.8 | 2.5 | 0.7 | 9.1 | 29 |
| Mortgage real estate investment trusts; securitized multifamily residential mortgages; asset | FA643065443 | 5.0 | -4.6 | 2.5 | 1.7 | 6.0 | 0.8 | 0.8 | -0.7 | -0.4 | 30 |
| Mortgage real estate investment trusts; securitized commercial mortgages; asset | FA643065543 | 14.7 | 10.0 | 7.8 | -5.7 | 2.8 | 4.3 | -17.4 | -12.4 | -9.9 | 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: June 8, 2023