CPI inflation is down (again). Fed does NOT cut interest rates (yet).

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On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this year, but there was little definitive indication on when that might take place. While…

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Podcast: CPI inflation down, but Fed does NOT cut rates (yet).

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Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

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Gray Report Newsletter: June 13, 2024

Fed Dangles a Rate Cut as CPI Cools at Zero Monthly Gain, 3.3% YoY On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this…

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Podcast: Is Now the Time to Invest in CRE?

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Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Google Podcasts The Gray Report on Apple Podcasts

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Gray Report Newsletter: June 6, 2024

CRE Sales Plummets, Rent Growth Sluggish, but Prospects Are Good Investment sales for commercial real estate properties continues to decline year-over-year, and recent data on the multifamily market shows weaker rent growth than expected for this time of year. That being said, evidence continues to build that points to improving multifamily performance in the wake…

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Gray Report Newsletter: May 23, 2024

The Power of Affordability in Multifamily and Housing For multifamily investors, lenders, property managers, and other industry professionals, affordability remains a pressing issue. As the CRE investment market adjusts to higher rates, rising insurance rates are another affordability headwind for multifamily operations. In the broader housing market, declining home sales could lead to higher apartment…

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Gray Report Newsletter: May 16, 2024

CPI Inflation Is Down: Rate Cut by September? Consumer price index numbers show inflation down from 3.5% to 3.4% year-over-year in April, with monthly inflation numbers falling from 0.4% to 0.3%. It may be a bumpy road to the Federal Reserve’s inflation target, but given the moderation in the job market along with these latest…

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Gray Report Newsletter: May 9, 2024

Apartment Demand Growth Amid Record Supply As a historic wave of newly-built apartments continues beyond the one-year mark, elevated absorption numbers and data showing the first positive growth in occupancy in 2+ years are noteworthy signs of resilience in the apartment market. In the broader economy, lower jobs numbers and declining consumer credit suggest a…

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