Here are some points from the research on US real estate market.
*The average annual return to REITs over the last 20 years has been approximately 12%;
*2003 was an extraordinary year for REITs, that provided a 37% return including 7% from dividends.
* REIT returns will range from 8-12% in 2004 because of a growing economy, real estate's relatively strong performance and a gradual recovery in property market fundamentals.