COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

Tariffs face legal uncertainty, lumber and furniture tariffs may introduce fresh headwinds for housing, and the Fed prepares to cut rates.

A monthly summary of commercial real estate insights and analysis from Chandan Economics and our partners.

In July 2025, the White House passed its key tax and spending package, US trade talks grew more complex, and housing strains sharpened focus on Fed rate policy.

Geopolitical risks are primarily tied to U.S. commercial real estate through market volatility, energy prices, and the rising cost of U.S. debt.