Industry News

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  • Market Commentary Blog
    12/13/2012

    Economic Update (December 13, 2012)

    Economic Update (December 13, 2012) The employment report for November was in line with consensus expectations, with an increase in payroll employment of 146,000, but a moderate downward revision to the October figures. The unemployment edged down...
  • Market Commentary Blog
    2/7/2013

    Commercial Property Update 2012:Q4 (February 7, 2013)

    Commercial property markets improved in late 2012 despite uncertainty about the fiscal cliff. Apartment vacancies declined further while office rents posted the strongest gain in years. The retail sector is moving sideways. Economic growth was mixed...
  • Market Commentary Blog
    2/28/2013

    Economic Update (February 28, 2013)

    Budget issues are likely to slow economic growth relative to baseline... but what's happening to the baseline? Two issues have dominated recent economic headlines: the impact on consumers of the increase in payroll taxes that took effect at the...
  • Market Commentary Blog
    4/10/2013

    Economic Update (April 10, 2013)

    Does the dismal employment report for March warn that the economy has stumbled again? Nonfarm payrolls rose just 88,000 in March, a far cry from the 190,000 that analysts had expected, and the weakest monthly hiring since July 2012 [first chart...
  • Market Commentary Blog
    4/26/2013

    Economic Update (April 26, 2013)

    Another disappointing GDP report GDP growth in the first quarter fell short of expectations, with a 2.5 percent annualized increase (consensus had expected 3 percent growth or more). This is roughly in line with the economy’s potential growth rate...
  • Market Commentary Blog
    4/30/2013

    Economic Update (April 30, 2013)

    Strong Rental Demand Still Driving Fundamentals for Multifamily Housing The demand for rental housing continued its strong growth in the first quarter, with total rental household growth accelerating to a 3.1 percent annualized rate. The number of...
  • Market Commentary Blog
    5/9/2013

    Commercial Property Update 2013:Q1 (May 9, 2013)

    The pace of recovery in the property sector slowed a bit in the first quarter, and vacancy rates remain quite high in office and retail sectors. Economic fundamentals continue to firm, however, and the increasing momentum will likely more than...

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