Commercial Real Estate & Business News 5-9-2025
Core retail sales up 7% year over year in April as consumers stocked up pre-tariffs Retail sales rose in April as many consumers continued to move up buying to avoid higher prices expected to result from tariffs. Core retail sales (excluding restaurants, automobile dealers and gasoline stations) increased 0.9% month-over-month in April and 7.11% year-over-year, […]
Commercial Real Estate & Business News 5-8-2025
Fed Keeps Rates Unchanged; Cites Risk of Higher Unemployment, Inflation The Federal Open Market Committee (FOMC) maintained its policy interest rate at 4.25%–4.50% on Wednesday, keeping rates unchanged since December, when the central bank last reduced borrowing costs. The Federal Reserve has adopted a more pessimistic stance on the economy, even as it continues to […]
Commercial Real Estate & Business News 5-7-2025
Phoenix Industrial Absorption Remains Strong in First Quarter According to Colliers in Arizona, the Greater Phoenix industrial market posted 4.1 million square feet of net absorption during the first three months of 2025, continuing a record of strong leasing in the booming city and placing the metropolitan area as the third top market nationally in […]
Commercial Real Estate & Business News 5-5-2025
CRE Investment Surges 17% in First Quarter Despite Fewer Transactions Commercial real estate raked in $93.5 billion of investments during the first quarter across all major asset classes, a 17% increase from a year ago. However, that came on fewer transactions as asset trades were down 12% from last year, according to a Colliers market […]
Commercial Real Estate & Business News 5-2-2025
The Apartment Markets Set to Exceed Average Rent Growth This Year The U.S. effective asking rent is expected to grow at an average annual rate of about 2.3% across the country this year, according to a RealPage market forecast. Of the 50 largest markets studied by RealPage, seven are expected to stand out with rent […]
Commercial Real Estate & Business News 5-1-2025
Industry Expert Calls Q1 Multifamily Performance ‘Exceptional’ Apartment demand remained strong during the first quarter, with more than 145,000 units absorbed, which significantly outpaced the new supply of 116,000 units. As a result, the vacancy rate retreated to its lowest level since the fourth quarter of 2022, at 5%, said John Chang, national director of […]
