Commercial Real Estate & Business News – December 13, 2023

Inflation is coming down, but not without some twists and turns. Overall inflation eased again in November, as a drop in gasoline prices offset another increase in rent. But an underlying measure that the Federal Reserve watches closely stayed elevated, possibly buttressing the case…»

Tuesday’s Consumer Price Index data came as welcome news as far as the National Multifamily Housing Council is concerned. However, wrote Chris Bruen, NMHC senior director, research, there is a lag between asking rents (which have moderated for more than a year now) and what…»

The nation’s central bank is about to make its last big decision of 2023. It could signify good things to come for Americans in the new year. On Wednesday, the Federal Reserve will announce whether it will continue its pause on interest rate increases, and market-based predictions…»

As Tempe looks to meet the needs of today and tomorrow, Mayor Corey Woods said the city will have to grow up, rather than out, during his State of the City address on Friday. Woods, who gave his speech at the newly opened Omni Tempe Hotel at Arizona State University, said there are…»

In RentCafe.com‘s latest apartment space by zip code analysis, we crunched the numbers to help renters find that sweet spot between ample space, great location and good value. For this, we used a monthly rent budget of $1,700 — which is the national average rent — and we…»