Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends
Fed Holds Rates Steady Again
The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.
MSCI: Commercial Property Prices Rise in June
Commercial property prices broke from their pattern of declines in June after a year and a half of losses, according to MSCI, Inc., New York.
CREW Survey: Women in Commercial Real Estate Say Deals Currently More Difficult
CREW Network, Lawrence, Kan., released a survey of women in commercial real estate, finding that in the second quarter, 66% said dealmaking was more difficult. That’s up 10% from the year-ago figure.
Commercial/Multifamily Briefs, Aug. 1, 2024
Commercial/multifamily news from Dwight Capital, CBRE and SS&C Technologies Holdings.
MSCI: Commercial Property Prices Rise in June
Commercial property prices broke from their pattern of declines in June after a year and a half of losses, according to MSCI, Inc., New York.
CMF Quote of the Week: Aug. 1, 2024
“We are holding to our call for two rate cuts this year, with the first in September, as we expect that inflation will continue to moderate.”
— MBA SVP and Chief Economist Mike Fratantoni
RE/MAX: Costs Hold Back Eager Millennial, Gen Z Buyers
RE/MAX, Denver, released a new survey finding that 63% of Millennial and Gen Z respondents are ready to become homeowners, but are discouraged by the current environment.
RentCafe IDs Cities With Roomiest Apartments on a Budget
RentCafe, Santa Barbara, Calif., recently analyzed which cities feature the largest apartments for $1,500 monthly rent. Topping the list of big cities was Wichita, Kan., followed by Toledo, Ohio.
ATTOM: Home Sellers’ Profit Margins Nearly Flat in Second Quarter
ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Sales Report, which showed that home sellers earned a 55.8% profit margin on typical single-family home and condo sales during the second quarter.