Research Center
Market Snapshot: Thriving Cincinnati-Area Retailers Help Push Down Vacancies to Pre-Recession Levels
Retailers operating in the Cincinnati area are thriving. According to Marcus & Millichap, retail spending has increased in the region, thanks to the rising employment, household income and consumer confidence.
Durable Growth
(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)
Going Down
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Economy Watch: US, World Metro Areas’ Economic Growth Vastly Uneven
The fastest-growing metro areas in the United States year-over-year in 2014—including both employment growth and GDP per capita growth combined—were (in order beginning with the strongest): Austin, Houston, Raleigh, Fresno and Dallas.
Economy Watch: Millennials Will Continue to Be Renters. Here’s Why
All good times do come to an end, but in the case of the running boom for U.S. apartment properties, demographic data (demand) and development data (supply) are still on the landlords’ side and likely will be for at least another decade, if not longer.
Economy Watch: Homebuilders Still Optimistic, Says NAHB
During the worst of the recession, the confidence of homebuilders nationwide was absolutely crushed. But homebuilders finally reached a more optimistic frame of mind.
‘Economy Watch’ Podcast with Dees Stribling: The Job Numbers are Good
The jobs numbers are good, but wages still stagnate.
Economy Watch: A Strong Year for the Hotel Industry
This year is going to be another good year for the U.S. hotel industry, even better than the strong 2014, according to recent predictions from various sources, including the most recent TravelClick North American Hospitality Review (NAHR) and PKF Hospitality Research (a CBRE company).
Economy Watch: Low Inflation Generally Positive for CRE
The Bureau of Labor Statistics reported that the CPI was down 0.4 percent in December. That’s the steepest drop in that particular metric since 2008.