Market Snapshot: Positive Outlook for Multifamily, Office and Industrial Sectors in Raleigh-Durham Area
Apartment inventory in the Raleigh-Durham, N.C., area expanded by 1,020 units during Q1 2014, a slight decrease from the last quarter of 2013, when 1,340 units were delivered.
Economy Watch: Construction Spending Edges Down in August
The Census Bureau reported that U.S. construction spending during August came in at an annualized rate of $961 billion, 0.8 percent below the July rate.
Economy Watch: Case-Shiller Reports Home Prices Rising Slowly
The latest S&P/Case-Shiller Home Price Indices, which were released by S&P Dow Jones Indices, show a continuing slowdown in U.S. home price increases.
‘Economy Watch’ Podcast with Dees Stribling: Mixed Results for Housing
Mixed results for housing, but at least it isn’t a bubble this time.
Economy Watch: Personal Income, Spending Inch Up in August
Personal income increased $47.3 billion, or 0.3 percent in August, according to the Bureau of Economic Analysis.
2014 Top Multifamily Owners
This month we salute the largest multifamily owners. The apartment sector has enjoyed a considerable amount of success coming out of the recession due to both demographic and economic drivers.
Economy Watch: GDP Bounces Back in Q2
Real U.S. gross domestic product increased at an annualized rate of 4.6 percent during the second quarter of 2014, according to the Bureau of Economic Analysis’ final estimate.
Market Snapshot: Nashville’s Booming Economy Spurs Rent Growth Across All Market Sectors, Continues to Attract Out-of-State Investors
Exceeding the national job growth average for a fifth year in a row, with a 2.4 percent expansion accounting for 20,000 new jobs, Nashville is an increasingly attractive market for both multifamily and commercial investors alike.
Economy Watch: New Home Sale Accelerate in August
Sales of new single-family houses in August were an annualized rate of 504,000 units, according to the Census Bureau and HUD.
Economy Watch: Home Price Increases Continue to Slow
More evidence that the residential expansion this time isn’t a bubble: According to the Federal Housing Finance Agency, U.S. home prices were up 0.1 percent in July compared with June.