CMF Quote of the Week

“Rents remain stable nationally, but could look very different depending on where you live in the country.”
–Redfin Senior Economist Sheharyar Bokhari

Redfin: Asking Rents Up 0.6% in September

Redfin, Seattle, found asking rents rose by 0.6% year-over-year in September to $1,634. On a monthly basis, they fell 0.2% from August.

Dodge Finds a Dip in Commercial Properties Entering Planning Stage

The Dodge Momentum Index–a measure of the value of nonresidential building projects going into planning–decreased 4.2% in September, and commercial properties entering the planning stage contracted 7.8%, according to the Dodge Construction Network, Bedford, Mass.

Point2: House Renters Prioritizing Space, Pets, Privacy

Point2, Saskatoon, Saskatchewan, conducted a survey of renters of single-family homes, finding that privacy and space are among the top motivators–but the comfort of their furry friends also ranks high.