Global REITs offer investors global exposure

The recent whirlwind of housing data released has given investors mixed feelings. Last week strong numbers from housing starts, up 9.8 percent, and building permits, up 7.4 percent, were released. On Wednesday existing home sales rose 3.2 percent, the fastest rate in over eight years.

Additionally steady employment and favorable buying conditions look to support the housing market in the upcoming months. However today's new home sales, down 6.8 percent is at odds with what seemed like an optimistic housing market. This negative 6.8 figure is the lowest since November and weaker than any forecast. Instead of risking it all on an unpredictable piece of real estate in this uneasy market, investors have the option of global REITS.

Traded in nearly 40 countries, these investable securities of real estate companies offer effective global diversification through their low correlation rate with the rest of an investor's portfolio, says Voya Global.