CMBS Supply-Demand Fundamentals Dip

Moody’s Investors Service, New York, said the supply and demand outlook for most property types in the securitized commercial real estate market dipped in fourth-quarter 2020.

Consumer Confidence at 14-Month High

The Conference Board, New York, said its Consumer Confidence Index rose sharply again in April, following a substantial gain in March, to its highest level since February 2020.

Home Price Gains at Historic Highs

Home price appreciation continued to accelerate at a double-digit percentage pace, with gains at historical levels, according to the S&P CoreLogic Case-Shiller Indices.