U.S. real estate investment trust indexes ended the week of March 22 in the black, with the SNL U.S. REIT Equity index up 0.71% and the MSCI U.S. REIT index up 0.51%.

Meanwhile, the Dow Jones Industrial Average and S&P 500 each tumbled during Friday trading, after Federal Reserve Bank of Atlanta President Raphael Bostic said The Federal Reserve may still raise or lower interest rates in 2019. Concerns over slowing economic growth weighed on stock markets globally. The Dow Jones Industrial Average finished the week down 1.34%, while the S&P 500 fell 0.77%.

Self-storage, retail and healthcare REITs were the top-performing property sectors for the week, each outperforming the SNL U.S. REIT Equity index. The SNL U.S. REIT Self-storage index finished the week up 1.63%, while the retail and healthcare indexes ended the week up 1.44% and 1.06%, respectively.

On the other hand, the SNL U.S. REIT Hotel index closed down 2.02% for the week — the only SNL REIT property sector index to underperform the broader markets.

Innovative Industrial Properties Inc.'s share price continued to soar, up another 9.29% last week with an average daily volume of about 5.8% of the REIT's total common shares outstanding. Year-to-date, the cannabis-oriented REIT's stock price is up 93.32%.

Hotel REIT Braemar Hotels & Resorts Inc. and multifamily-focused NexPoint Residential Trust Inc. were the next-best-performing REIT stocks, up 6.49% and 5.80%, respectively.

Hotel REIT CorePoint Lodging Inc.'s share price fell more than 25% during Friday trading after releasing its fourth-quarter earnings results. For the week, CorePoint Lodging's share price was down 24.30%.

Single-family rental REIT Front Yard Residential Corp.'s share price also fell 10% over the week.