Commercial Real Estate & Business News – March 20, 2025

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the benchmark federal funds rate parked at a range of 4.25% to 4.5%, where it has sat since…»

Yields on U.S. government debt remained slightly higher on Wednesday after Federal Reserve officials stuck with their expectations for two rate cuts this year despite rising economic uncertainty. What’s happening: The yield on the 2-year Treasury TMUBMUSD02Y 3.993% was marginally higher…»

As spring comes within whispering distance, the multifamily rental season heats up. According to Zillow’s February 2025 Rental Market Report, pricing power has returned to the property category with the typical asking rent across the U.S. having risen to $1,980, a 0.4% increase from January and…»

Harris County, Texas, Miami-Dade County, Florida, and Maricopa County, Arizona, have seen some of the strongest population growth over the last few years, and they topped the charts once more in 2024. Harris County, with its county seat of Houston, increased in population…»

For the third year in a row, closed single-family home sales declined slightly from the previous year. At the end of 2024, the drop of 0.4% was for 67,654 closed sales in Greater Phoenix, a volume far short of the 105,322 annual sales just four years ago, according to the yearly report from Phoenix…»