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Latest NCREIF Index Returns
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NCREIF Property Index Expanded (NPI)
Total 1.14%
Income 1.15%
Appreciation -0.01%
4Q2025
NCREIF Fund index - open end diversified core equity (Nfi-odce)
Total 0.91%
Income 1.01%
Appreciation -0.09%
4Q2025 Final
ncreif Farmland property index
Total -0.70%
Income 1.01%
Appreciation -1.71%
4Q2025
ncreif timberland property index
Total 1.59%
Income 0.43%
Appreciation 1.16%
4Q2025
Ncreif fund index - open end (OE)
Total 1.01%
Income 0.98%
Appreciation 0.03%
4Q2025
ncreif fund index - daily priced (DP)
Total -0.03%
Month-End 12/31/25
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View the NCREIF Data Products Guide for details regarding the various NCREIF Indices.