Economy Watch: CRE Benefits from Easier Money
Among all the other metrics the Federal Reserve tracks, each quarter it publishes the “Senior Loan Officer Opinion Survey on Bank Lending Practices.” In the case of the April 2015 survey for Q1, the central bank summarized responses from 76 domestic banks and 23 U.S. branches and agencies of foreign banks.
Economy Watch: Construction Spending Continues to Drop Because of Energy
U.S. construction spending continued on a downward trajectory in March.
Top 10 (Plus One) Markets for Supply in 2014 and Rental Performance
Multifamily construction has been strong across the nation, but some markets clearly lead the pack.
Economy Watch: Real Estate’s Part of the GDP
After releasing the 30,000-foot view of U.S. economic growth for each quarter, the Bureau of Economic Analysis releases a load of detail the next day, which in this case was Thursday. The underlying details include real estate data that breaks down total spending on most property types, as a percentage of GDP.
Economy Watch: U.S. Economy Turns in Weak First Quarter
As expected—since a number of economic indicators have been pointing that way—the U.S. economy didn’t grow much during the first quarter of 2015, according to the Bureau of Economic Analysis.
Economy Watch: Housing Sees Modest Price Increases
The latest Case-Shiller indexes are out, and they point to smallish increases in the prices of houses nationwide.
Yardi’s Matrix Monthly Reveals Average Apartment Rents Rose 4.3% Since April 2014
The 0.7 percent month-over-month increase came after an $11 decline in March, leaving the survey slightly lower than its all-time high of $1,108 in February.
‘Economy Watch’ Podcast with Dees Stribling: Mixed Indicators for the Direction of the Economy
Mixed indicators for the direction of the economy.
Economy Watch: Transit Indicators Positive for Retail, Industrial Sectors
By Dees Stribling, Contributing Editor Trucking is as a barometer of the U.S. economy, since it tracks the movement of manufactured and retail goods–which move in response to demand. All together, the trucking industry represents nearly 70 percent of tonnage carried by all modes of U.S. freight transportation. Persistently strong trucking also means that conditions are positive for industrial real estate, which handles volumes of shipped goods; and retail real estate, the end recipient of much of the shipping. Monthly fluctuations by themselves might not mean that much, but a run of strong numbers is good. The American Trucking Association…
Market Snapshot: New York City’s Booming Tech Sector Triggers Nation’s Lowest Vacancy Rates
New York City flipped places with San Francisco this year and now ranks second in Marcus & Millichap’s 2015 National Apartment Index, though its economy is still thriving, and the multifamily sector is performing better than ever.