Gray Report Newsletter: August 15, 2024

CPI Breakthrough Bolsters CRE Investor Confidence The Consumer Price Index recorded inflation at 2.9% year-over-year, the lowest amount since March 2021, which continues the long progress of decreasing inflation that many CRE investors are linking to a potential interest rate cut from the Federal Reserve in September. While recent stock market volatility brought about strident…

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Stock Market Whipsaws While Apartment Market Stabilizes

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Weaker jobs numbers, rising Japanese interest rates, AI bubble fears, and election-year uncertainty are among the many factors posited as the cause of the stock market’s steep declines this week, and the lengthy period of elevated interest rates in the United States has helped create this fragile economic environment more vulnerable to recession. A major…

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Gray Report Newsletter: August 8, 2024

Stock Market Selloff = Rate Cut Certainty? Weaker jobs numbers, rising Japanese interest rates, AI bubble fears, and election-year uncertainty are among the many factors posited as the cause of the stock market’s steep declines this week, and the lengthy period of elevated interest rates in the United States has helped create this fragile economic…

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Podcast: Household Growth and the Apartment Market

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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 Apple Podcasts

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Gray Report Newsletter: August 1, 2024

Fed Rate Cut “On the Table” Next Month, Clear Path for Multifamily Rebound Federal Reserve Chair Jerome Powell has opened the door to potential reductions in the Federal Funds rate in September, even though the Federal Reserve decided to keep rates steady at present. In the multifamily market, rents growth continues to be sluggish, but…

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Podcast: Enormous Pressure Building in the Housing Market

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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 Apple Podcasts

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Enormous Pressure Building in the Housing Market

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Single family homes prices are as high as they’ve ever been, but home sales are low. High interest rates have suppressed both multifamily and single family building, and lack of housing supply has led to declining affordability and a sustained housing deficit. There is significant pent up demand in the housing market. In both single-family…

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Unlocking single-family rental (SFR) trends early and accurately

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Source – John Burns Research and Consulting: “Unlocking single-family rental (SFR) trends early and accurately” A month ago, we covered a brief post from John Burns Research and Consulting about birth rate, population trends, and different life stages as a factor in housing trends, specifically looking at how these might impact a decision to move…

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Gray Report Newsletter: July 25, 2024

Can Fed Rate Cuts Fix High Housing Costs? Single family homes prices are as high as they’ve ever been, but home sales are low. High interest rates have suppressed both multifamily and single family building, and lack of housing supply has led to declining affordability and a sustained housing deficit. There is significant pent up…

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