Consumer spending healthy in October. Core retail sales, which excludes gasoline and motor vehicles, rose 1.4 percent last month. Year over year, the increase was 14.9 percent as shoppers are flush with capital from pandemic-relief bills and the economic recovery that has pushed unemployment…
Read MoreHousing market signals dramatic suburban transformation. Homebuying is being driven in large part by changing demographic trends that have been accelerated by the health crisis. The aging of the millennial generation into the homeownership phase of life and more households seeking larger spaces in lower-density areas as they work and attend school from home have driven housing demand…
Read MoreSupply of homes on market tightens. The number of existing houses listed for sale retreated 32.6 percent year over year in February, the largest annual drop ever recorded, pushing inventory to an all-time low. The few listings that come to market are snatched up quickly, cutting the average days on the market to a new low of 20 days. The availability of residences affordable to most renters, those under $250,000, is particularly challenging…
Read MoreFollowing the delivery of stimulus checks at the beginning of this year, retail sales jumped across all categories. The surplus spending resulted in a month-over-month decline in February. Core retail sales dipped 3.3 percent…
Read MoreSome investors are patiently waiting for a wave of distressed assets, but several factors may leave investors disappointed…
Read MoreWhich segments are benefiting from changing consumer behaviors?
Read MoreHealth crisis amplifies existing trend among Generation Z and millennials. The impact of the pandemic on young adults is weakening short-term household formation and apartment demand.
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