Does msci real estate index mean there's been a sale of real estate?

No, the MSCI Real Estate Index doesn't necessarily indicate a sale of real estate. Instead, it's a financial index that tracks the performance of real estate investments, such as publicly traded real estate investment trusts (REITs) or private real estate assets. These indexes are used by investors to measure market trends, assess performance, and make informed decisions about real estate investments.

If you're looking at a specific MSCI Real Estate Index, it reflects the value and performance of the underlying real estate assets or securities, but it doesn't directly signify a transaction or sale.