Mortgage rate plunge fails to stoke buyer demand. Existing home sales decreased by 3.3 percent year over year in August 2024 to an...

Inflation cools to more than a three-year low. Headline CPI increased 2.5 percent year over year in August — its smallest annual gain...

Joblessness pulled back for the first time since March . National unemployment fell by 10 basis points month-over-month to 4.2 percent in...

Modest borrowing cost relief inches up home sales. The average 30-year fixed rate mortgage decreased from a 2024 peak of 7.1 percent in...

Pricing pressures fell to over three-year low. In July, annual growth in the headline Consumer Price Index (CPI) fell below 3.0 percent...

Ballot decision carries risks for apartment renters. For the third time in seven years, California voters will decide if cities and...

Treasuries decrease amid softening market conditions. In the 90 days ended Aug. 9, the 10-year Treasury fell 50 basis points to the 3.9...

Unemployment rate hits a near three-year high. Total employment increased by 114,000 jobs in July, the second-lowest monthly gain in...

Consumers propel GDP to larger increase. The annualized pace of GDP growth accelerated to 2.8 percent in the second quarter, up from 1.4...

Housing market remains in a state of disruption. Existing home sales slid to a six-month low in June 2024 as the median price eased by...

For the third time in the past decade, California voters will vote during the general election on a repeal of Costa-Hawkins, triggering...

Falling commodity prices reflect cooling economy. While pricing pressures remain above target 27 months into the Federal Reserve's...

Job creation supported by business-cycle-agnostic sectors. The creation of 206,000 jobs in June brings total net hiring for the second...

Labor market moving closer to equilibrium even amid strong hiring. Total employment increased by 272,000 in May, coming in above the...

Higher mortgage rates influence buyer and seller motivation. The average 30-year fixed-rate mortgage climbed to a five-month high of 7.0...

The key CPI measures resumed their descent in April. Annual growth in the headline and core consumer price indices—the latter omitting...

Robust Demand Momentum The multifamily sector experienced substantial demand growth in the first quarter of 2024, with a record-breaking...

Commercial Real Estate Market Overview Despite challenges posed by rising interest rates since March 2022, the commercial real estate...

Single-family accounts for a growing share of development. Multifamily and single-family construction trends are moving in opposite...

Key GDP growth contributors post positive results. Real gross domestic product increased at an annual rate of 1.6 percent during the...