The Globe and Mail reports in its Saturday edition that after two years, the Bank of Canada finally began cutting its benchmark interest rate, and it is making dividend stocks look enticing again. The Globe's Tim Kiladze writes that for many retail investors, the expectation is that these beat-up stocks will finally rebound, delivering strong market returns on top of their sizable yields. The reality is a different story. The real estate sector experienced a summer resurgence, with the BMO Equal Weight REIT Index (ZRE) delivering a 17.2-per-cent total return since the start of July. But in the past few weeks, there has been a correction in some corners of the market. During the rally, some of the best performers were multifamily REITs such as Canadian Apartment Properties REIT and Boardwalk REIT. Lately, though, rents in big Canadian cities have started falling as immigration levels moderate and the economy weakens. There is now also a glut of condos on the market in urban areas such as Toronto that compete with rental-only properties. However, utilities such as Capital Power and Hydro One are both doing well this year, but Algonquin Power and Northland Power are struggling. A rising tide will not lift all boats.