“Recent economic data will likely prevent any significant decline in mortgage rates in the near term, but the strong job market depicted in the August data should support housing demand. There is no sign of a rebound in purchase applications yet, but the robust job market and an increase in housing inventories should lead to an eventual increase in purchase activity.” --Mike Fratantoni, MBA Senior Vice President and Chief Economist.

The forward path of inflation remains a topic of great debate and conjecture. How that path plays into the relative benefits of different investment options – including commercial real estate and other real assets – will give us even more insights into the relationship.