Resilience & Recovery: The Future of CRE in 2025

Resilience & Recovery: The Future of CRE in 2025

DEC 11, 2024: Throughout 2024, the U.S. economy demonstrated unexpected resilience, defying earlier forecasts of a mild recession. Robust consumer spending, low unemployment, and stronger-than-expected GDP growth exceeded expectations. However, despite these positive...
U.S. Office Market Statistics | 24Q3

U.S. Office Market Statistics | 24Q3

Limited new construction resulted in a lower quarterly increase in vacancy. The Q3 national rate was up 10 basis points from last quarter to 17.7%. CBD vs. Suburban Vacancy Office Under Construction 50.3 Million Square Feet Construction pricing and uncertainty in...
Resilience & Recovery: The Future of CRE in 2025

Retail sales show there is no quit in the U.S. consumer

VOLUME 221: WEEK ENDING OCTOBER 19, 2024 The 0.4% rise in headline retail sales for September was driven by a strong increase in underlying control group sales, putting real consumption on track for 3.2% annualized growth in Q3. By sector, gasoline station sales fell...
Resilience & Recovery: The Future of CRE in 2025

CPI wasn’t what the Fed wanted but won’t deter rate cuts

VOLUME 220: WEEK ENDING OCTOBER 12, 2024 The larger-than-expected increase in the September Consumer Price Index (CPI) does not signal a renewed surge in inflation, nor will it prevent the Federal Reserve from proceeding with a 25 basis point rate cut at its November...