Our Thanksgiving-themed Chart of the Week highlights the strength in turkey price growth in 2020, along with year-over-year price changes for a few other goods categories.
Category: News and Trends
New Home Sales Fall for 1st Time in 6 Months–But No Worries
New home sales fell for the first time since May, HUD and the Census Bureau reported Wednesday. Even so, the news continued to be good.
Revised 3Q GDP Unchanged at 33.1%
Meet the new gross domestic product—same as the old gross domestic product. The Bureau of Economic Analysis on Wednesday reported its second (revised) estimate of third quarter GDP was unchanged from its first estimate last month: in other words, after an unbelievably bad second quarter, the third quarter looks, in contrast, relatively brilliant.
Sponsored Content from ServiceLink: Selecting an AMC for Today’s Market
Looking to work with an AMC partner? Here are some areas to consider as you make your choice.
MBA Announces 2021Commercial Real Estate/Multifamily Finance Board of Governors
The Mortgage Bankers Association announced members of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2021.
The Week Ahead—Nov. 30, 2020
Good morning, happy Monday and welcome back. We hope you had a safe and happy Thanksgiving weekend. We’ve got one more month in 2020, so let’s get to it and get it done.
ULI: Real Estate Industry Should Promote Health, Social Equity
The real estate industry should adopt health and social equity practices and promote those already in existence, said the Urban Land Institute, Washington. D.C.
Dealmaker: Merchants Capital Provides $21M for Multifamily
Merchants Capital, Carmel, Ind., provided $21 million in construction financing for two Indiana multifamily communities.
People in the News Nov. 30 2020
Planet Home Lending LLC, Meriden, Conn., promoted Dalila Ramos to Vice President of Talent Acquisition to support recruiting efforts and attract talent.
Quote
“New home sales are so strong that they are even up when they are down.”
–Mark Vitner, Senior Economist with Wells Fargo Securities, Charlotte, N.C.