Economy Watch: Apartment Absorption Outruns Construction
The development of new apartments nationwide has been nothing if not brisk since the end of the recession, but it does have its ups and downs.
APARTMENT MARKET STATISTICS: April 2015
Total apartment returns tracked by the National Council of Real Estate Investment Fiduciaries increased to 2.77 percent in the fourth quarter of 2014.
APARTMENT MARKET STATISTICS: March 2015
Multifamily housing starts (five-plus units) rose by 7.6 percent over the month of November 2014 to 340,000 units, according to the National Association of Home Builders.
‘Economy Watch’ Podcast with Dees Stribling: Job Creation this Month
A mediocre month for job creation.
Economy Watch: Middling Employment Numbers Might Keep Interest Rates Low Longer
The March employment numbers surprised on the downside, but oddly enough that could be a positive for the commercial real estate industry for a while.
‘Economy Watch’ Podcast with Dees Stribling: Homeownership Rates Aren’t Going Up
Homeownership rates aren’t going back up again.
Economy Watch: Employment Growth Hits a Bump
The economy wheezed a little in March, not producing as many jobs as expected, and fewer than at any time in the last six months or so.
Economy Watch: Construction Edges Down Because of Energy
U.S. construction spending experienced a modest downtick in February, off 0.1 percent overall, but is still 2.7 percent higher than the same month last year, according to the Census Bureau.
Economy Watch: Real Estate Markets Benefit from Boost in Engineering Jobs
The missing piece of the puzzle for full economy recovery is still higher wages across most sectors of the economy.
Economy Watch: Lackluster GDP, But Real Estate Growth Better
The third and final estimate for fourth quarter US GDP came in at an annualized rate of 2.2 percent, according to the Bureau of Labor Statistics.