We consider real estate to be in the early phase of a cyclical recovery. After a hiring slump in mid-2011, the job market has begun to show signs of strength, as the unemployment rate continued declining in the first...
The U.S. economy expanded less than forecast in the fourth quarter as consumers curbed spending and government agencies cut back. Real GDP climbed 2.8 percent on an annual rate, up from 1.8 percent in the third...
Apartment fundamentals have improved significantly and are outpacing the recovery of other property types. After peaking at 8.0 percent in the first quarter of 2010, the national apartment vacancy rate declined 240...
The U.S. economy grew in the third quarter at the fastest pace since 2010 with real GDP expanding at a 2.0 percent annual rate, up from 1.3 percent in the second quarter. Household purchases, the biggest part of the...
Despite the Standard & Poor’s downgrade of U.S. debt, a worsening European sovereign debt crisis and rising stock market volatility, the U.S. economy continues to expand and create new jobs, supported by strong...
The industrial real estate sector was severely impacted during the 2008-09 recession, and has subsequently lagged in the early stages of the U.S. economic recovery...
Brazil’s strong demographic and macroeconomic fundamentals help explain why the long-term outlook for the country is so positive. Another selling point is that Rio de Janeiro is the site of the 2016 summer Olympics...
The global financial crisis and real estate downturn triggered widespread risk-aversion among investors. Once the worst of the crisis passed, investors and managers were left with the task of carefully reappraising...
The U.S. housing market has been declining since the expiration of the tax credit last spring, although recent data show some signs of leveling off. Helped by the 2011 spring selling season, the April S&P/Case-Shiller...