U.S. Retail Construction Levels Remain Well Below Pre-Recession Levels
Few new retail centers are under construction. Those that are involve either neighborhood shopping centers or mixed-use projects. With the continued barrage of retail bankruptcies, stores closures, repositionings and rightsizings of store... View Article
Fed Rate Cuts Impact on Economy and CRE
Fed Interest Rate Cut (1) The Federal Reserve cut its primary policy interest rate by 50 basis points (bps) in September to a target range of 4.75%-5%, the first interest... View Article
Mortgage Refinancing’s Are On The Rise As Interest Rates Go Down
Inflation (1) According to the BLS, the US Consumer Price Index (CPI) reaccelerated on a monthly basis in July but continued to decelerate annually. Prices rose by 0.2% between June... View Article
Latest SVN Economic Update
CPI Inflation (1) The Consumer Price Index fell by 0.1% month over month in June, its first monthly downtick in over four years, according to the latest data from the... View Article
Economic Update for July 2024
Bank Stress Tests (1) According to the Federal Reserve, all 31 “systemically important financial institutions” (SIFIs) passed their annual stress tests. These tests evaluate the ability of large US banks... View Article
What’s Happening in the US Economy?
Get the latest economic news impacting commercial real estate investors and commercial real estate brokers! Large Funds Increase CRE Footprint (1) A recent analysis by Reuters details how large funds... View Article
State of the Economy: April 2024
First Quarter GDP (1) The US economy expanded by a 1.6% annualized rate during the first quarter of 2023, according to the latest data from the US Bureau of Economic... View Article
Latest Economic Update from SVN Research
Homebuyers Adjusting to Higher Interest Rates (1) A new survey by Fannie Mae suggests that home buyers are gradually adjusting to higher mortgage rates despite increasingly negative sentiments about the... View Article
Economic Update from SVN Research for CRE Professionals and Investors
Industrial’s Largest Operators Expand (1) According to an article by Commercial Observer, Industrial real estate heavyweights Prologis and Link Logistics are leading an ongoing expansion in warehouse use despite recent... View Article
March 15, 2024 SVN Economic Update
1. Current Economic Conditions (Beige Book) According to the March 6th, 2024, release of the Federal Reserve’s Beige Book, national economic activity increased over the previous six-week period. Eight of... View Article
Latest Economic Update for February 2024
The SVN Research department has compiled the latest reports detailing where our economy is heading. The report covers the following topics: Inflation (1) According to the Bureau of Labor Statistics,... View Article
January 26, 2024 Economic Update
GDP (1) Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses... View Article
Addressing High Apartment Vacancy Rates: Causes and Solutions
By Clifford Hockley, CPM, CCIM The fluctuating demand for apartment and home rentals is closely tied to economic cycles. In the recent cycle of overbuilding, driven by low interest rates... View Article
New Year, New Economic Outlook
The SVN Research team has the latest Economic Update for January 2024! December Jobs Report (1) US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs... View Article
December Economic Update
Inflation and Falling Energy Prices (1) The latest PCE price index rose in line with consensus expectations in October, but the divergence between the core and headline numbers reflects the... View Article
Latest SVN Research Economic Update
September Jobs Report (1) The US economy added 336,000 new jobs in September, according to the Bureau of Labor Statistics, almost double the consensus forecasts. The unemployment rate remained unchanged... View Article
2023 Oregon Legislative Round-Up
By Cliff Hockley, CCIM, CPM Oregon’s annual legislative session ended June 25, 2023. There were 2,976 bills, memorials and resolutions introduced during the 2023 session and, of those, the Legislature... View Article