Anna Spiewak
Economy Watch: Housing Market Gets Some Legs; New Home Sales Up; Fed Chairman Talks of Sequester
According to the S&P/Case-Shiller Home Price Indices, all three headline composites ended 2012 with strong gains. New home sales in January were up 15.6 percent month over month. Fed Chairman Ben Bernanke warned Congress about the sequester during his Semiannual Monetary Policy Report to the legislative body.
2013 Capital Sources
Tom Melody, Co-Chair and Executive Managing Director, Real Estate Investment Banking, JLL expects preferred and JV equity to stay strong in 2013. On the equity side, movement is expected into secondary and tertiary markets, while CMBS will push things forward on the debt side.
Economy Watch Weekly: More Good News for Housing, Sequester Dead Ahead
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Feb. 22.
Economy Watch: LPS: Home Prices Edge Up in December; Chicago Fed Says Economic Activity Dips; Italian Elections Generate Uncertainty for Eurozone
U.S. home prices were up 0.1 percent in December compared with November, and up 5.8 percent year over year. The Federal Reserve of Chicago said its National Activity Index decreased to –0.32 in January from +0.25 in December. And Italy held parliamentary elections over the weekend, and the result was inconclusive for the eurozone.
Hebron Properties Brings ‘Great Australian Living’ Concept to Bangalore
Hebron Properties, one of India’s premium real estate developers, has launched an ultra-luxury residential project near T.C. Palya in K.R. Puram in Bangalore.
Economy Watch: Gas Prices Pause in Upward March; Truck Tonnage Up
Gas prices went down slightly over the weekend. And the American Trucking Associations’ For-Hire Truck Tonnage Index increased 2.9 percent month over month in January.
Special Report: IPD Investment Forum: Managing Risk After the Credit Crisis
Today more than ever, real estate investment is all about interpretation of risk.
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