Commercial Real Estate & Business News June 27, 2018

T. Row Price’s Midyear Market Outlook, which was released on June 25, is predicting “favorable” economic conditions for the rest of the year, though volatility is likely to continue. High valuations across most global asset classes and a range of economic and policy risks-including the threat of trade protectionism, growing by the day-create the potential for volatility…»
The U.S. continues to have a very bifurcated apartment sector. People who live in luxury, class-A apartments can often afford to pay more for their housing, but many property managers don’t dare hike the rents. That’s because residents often have lots of choices when it comes to where they could live, thanks to all the new class-A product now opening across the country.…»
How are office amenities changing? Panelists on the Workplace Evolution panel at the National Association of Real Estate Editors annual real estate journalism conference talk about what helps tenants retain workers and keep them in the office longer. Today’s office amenities are all about retaining workers and keeping them in the office longer-and for office property owners…»
Despite labor shortages and rising interest rates, and emerging concerns about a trade war and construction materials prices, contractors were quite optimistic during first quarter of 2018, according to the Associated Builders and Contractors’ Construction Confidence Index. Each of its three component indices-sales, profit margins and staffing levels-increased…»
Home prices surged for the 72nd straight month, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, announced Tuesday. In the nine markets the index tracks, home prices in April rose an average of 6.4 percent, year-over-year, down slightly from last month’s 6.5 percent year-over-year gain. Seattle, Las Vegas and San Francisco have continued…»