COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

On-time rental payments in units operated by independent landlords improved slightly in December 2024 to 85.7%, rising by 19 basis points.

US housing inventory is gradually inching back to pre-pandemic levels, and the influx could foreshadow a reprieve for homebuyers in 2025.

Nationally, according to the 2023 American Community Survey, the non-citizen share of the construction labor force stands at 17.0%.

On-time rental payments in units operated by independent landlords held flat in November 2024.