COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

New research shows renters accounted for nearly 80% of household growth in 2025, while the latest Beige Book points to a resilient but increasingly cautious US economy.

CPI inflation ticks higher in March while NAHB’s Remodeling Market Index signals continued expansion, with forward-looking indicators softening. This week’s Rental Housing Weekly Briefing breaks down what it means for housing demand and investment conditions.

The War in the Middle East has undoubtedly raised fears over inflation pressures and shaken up interest rate projections since it began. Still, it appears that markets are at least marginally more optimistic about its impact now than immediately after the war's outbreak.

Rental housing trends show rising multifamily CMBS delinquencies and moderating home price growth, highlighting ongoing capital markets pressure and shifting housing dynamics.