Dees Stribling
Economy Watch: Consumers Seem Slightly More Wary, But Might Still Spend
The latest downward trend in consumer confidence could have a longer-term impact on their spending—a key consideration for real estate developers and investors.
Economy Watch: Multifamily Starts Above Pre-Recession Levels
Multifamily starts have been on an upward growth trend for some time now, in concert with increasing demand.
Economy Watch: No Change for Interest Rates—Yet
Many weren’t surprised by the Federal Open Market Committee’s decision not to raise interest rates during its meeting this week.
Economy Watch: Retail Sales Down Slightly, But Still Stronger Than Last Year
Retail sales ticked down in February, but they’re still higher in most sectors than last year’s numbers.
Economy Watch: Ahead of Fed Decision, Long-Term Uncertainty on Interest Rates
While most economists don’t believe the Federal Open Market Committee will be raising interest rates anytime soon, there’s uncertainty surrounding where they’ll go for the rest of the year.
Economy Watch: Millennials Supporting Apartment Demand Growth
A new Fannie Mae commentary points to Millennials, rather than Baby Boomers, as the driving force behind recent multifamily demand growth.
Economy Watch: CRE Execs a Little More Glum
A new survey by M&T Bank shows commercial real estate industry leaders are somewhat more pessimistic now than they were a year ago.
Economy Watch: Ultra-High-Net-Worth Individuals Keen for CRE
Knight Frank’s annual Wealth Report revealed the ultra wealthy accounted for a quarter of all global commercial property transactions in 2016.
Economy Watch: Healthy Jobs Numbers, But Also Concerns
While U.S. jobs growth in February was surprisingly on the upswing, there are still some challenges impeding a full economic recovery.
Economy Watch: Solid Jobs Report for February
The Bureau of Labor Statistic’s report for February revealed a month of strong job growth, along with revised numbers for the previous two months.