The protracted government shutdown squeezes housing programs, 'data fog' creates a conundrum for the Fed, and a US-China trade truce offers cautious optimism to developers.

Consumer prices rose 0.3% month-over-month, a softer pace than most analysts had expected. However, consumer prices rose 3.0% year over year, a slight uptick from August.

Recent national data paint a picture of improvement and cautious optimism. While on-time collections remain well below post-pandemic highs, the recent positive inflection suggests the sector has likely already found its bottom.

The Administration considers a national housing emergency as residential markets send mixed signals.

On-time rental payments in independently operated units improved in September 2025 — offering hope that the sector is moving off its performance floor. According to this month’s first estimate, 83.1% of units paid their full rent on time — an increase of 58 basis points (bps) from August.

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.

On-time rental payments in independently operated units improved in August 2025 — a positive development for a sector that has been dogged by declining performance for most of the year-to-date.

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.

On-time rental payments in independently operated units fell again in July 2025 — another warning sign that the financial health of renter households is under stress.

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

June 2025 was marked by an acute rise in geopolitical tensions and Congress's efforts to advance President Trump's tax and spending bill. Nonetheless, critical signals from the US housing market and renewed concerns around risks to commercial property debt drew heightened scrutiny from CRE investors.

On-time rental payments in independently operated units dropped meaningfully in June 2025 — offering a stark warning about the financial health of renter households in a high-uncertainty economic environment.

The on-time rental payment rate in units operated by independent landlords fell to 85.5% in May 2025.

On-time rental payments in units operated by independent landlords continued their recent trend line of improvement in April.

On-time rental payments in units operated by independent landlords improved markedly in March.

On-time rental payments in units operated by independent landlords slid again in February. As of this month’s first estimate, 85.2%

Our report offers an overview of racial disparities in US housing and wealth outcomes, focusing on four key measures of economic well-being.

On-time rental payments in units operated by independent landlords dropped off to start the new year.

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

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

The US has 3.2 million veteran renters, accounting for 4.9% of all renter households nationwide.

On-time rental payments in units operated by independent landlords jumped higher in October 2024