Mounting inflation pressure, a severe labor shortage, supply chain issues, and emerging COVID variants cloud the CRE landscape…
Read MoreConsumer spending sturdy last month. Unfazed by the end of federal unemployment benefits and other dissipating stimulus, core retail sales increased 0.7 percent in September and 13.5 percent from the same period last year. Although inflation, which climbed 0.4 percent last month, was a contributing factor to the rise, the overall spending picture remained brighter than anticipated…
Read MoreElevated prices for Multifamily and Industrial is unsurprising as both asset types registered strong rent growth and falling vacancy. Suburban Office prices are driven more by the future outlook…
Read MoreHiring slows again in September. The complete expiration of federal unemployment insurance did not translate into accelerated job growth last month as the health crisis continued to present challenges. Employers added 194,000 personnel to payrolls in September, barely above the monthly average…
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