Newsfeed: PPI Inflation surges…
Wholesale inflation surges again …
Newsfeed: PPI Inflation surges… Read More »
Wholesale inflation surges again …
Newsfeed: PPI Inflation surges… Read More »
Geopolitical risks are on the rise in a system with no slack, and that, according to Goldman Sachs commodities research chief, Jeffrey Currie, strengthens his thesis that the case for commodities has rarely been stronger.
Mortgage rates were on the move in the 2nd week of February, after barely shifting for 3 consecutive weeks. In the week ending 10th February, 30-year fixed rates jumped by 14 basis points to 3.69%. 30-year fixed rates had remained unchanged at 3.55% in the week prior. As a result, 30-year fixed rates held above the 3% mark for a 13th consecutive week.
Newsfeed: U.S Mortgage Rates Surge After a Steady 3-Weeks Read More »
How have on-time rent collections been doing in this era of spiking rents? Across the 100 largest markets in the US, in multifamily buildings the median asking rent for one-bedroom apartments jumped by 12% year-over-year. The median asking rent for two-bedroom rents jumped by 14%. In 34 cities, asking rents spiked by 15% to 28% year-over-year.
Newsfeed: On-Time Rent Payments Sag amid Massive Spike in Rents Read More »
Consumer prices surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year. The consumer price index for January, which measures the costs of dozens of everyday consumer goods, rose 7.5% compared with a year ago, the Labor Department reported Thursday.
Foreign investors are joining U.S. ones, focusing more on commercial property like warehouses and rental apartments. In fact, foreign investment in U.S. commercial real estate has topped pre-pandemic levels.
Newsfeed: Foreigners Pile Into US Commercial Property Read More »