Soaring Gas, Food Prices Drive June Consumer Price Index to 40-Year High
Broad-based increases in major price categories, particularly gas and food, drove the U.S. Consumer Price Index up by 1.3 percent in June month over month and by 9.1 percent year over year—the largest annual increase since 1981, the Bureau of Labor Statistics reported Wednesday.
‘Murky’ Office Sector Outlook
CommercialEdge, Santa Barbara, Calif., called the office sector’s future “murky,” even now, well over two years since the COVID-19 pandemic started.
ATTOM: Foreclosure Activity Jumps 219% in 1st Half of Year
ATTOM, Irvine, Calif., said foreclosure starts jumped by 219 percent in the first six months of 2022, close to pre-COVID levels.
People in the News July 14, 2022: Akerman Adds Nailah Tatum as Partner in Tallahassee
Akerman LLP announced expansion of its Real Estate Practice Group with partner Nailah Tatum in Tallahassee, Fla.
MBA Weekly Survey July 13, 2022: Applications, Rates See Little Change
Mortgage applications fell for the second straight week, albeit only slightly, and key interest rates were unchanged, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 8.