State of the U.S. Multifamily Market. Q Review and Forecast
|
|
- Wilfred Rolf Daniels
- 5 years ago
- Views:
Transcription
1 State of the U.S. Multifamily Market Q Review and Forecast
2 Agenda Economy Leasing Fundamentals Rent and NOI Trends Single-Family Market Capital Markets
3 Economy page 3
4 GDP Growth Contributions To GDP Growth 10% Contribution to GDP Growth 5% 0% (5%) (10%) (15%) Consumption Business Investment Residential Investment Change in Inventories Exports Imports Government Total GDP Sources: Moody's Analytics; BEA; CoStar Portfolio Strategy As of 15Q1 page 4
5 Employment Growth Total Nonfarm Employment 600 Monthly Jobs Gained / Lost 3-Month Moving Average Growth (Y/Y) 4% 450 3% 300 2% 150 1% 0 0% (150) (1%) (300) (2%) (450) (3%) (600) (4%) (750) (5%) (900) (6%) Jobs Gained/Lost Growth (Y/Y) Sources: Moody's Analytics; BLS; CoStar Portfolio Strategy As of May 2015 page 5
6 Employment For Prime Renters Labor Force Participation Rate And Unemployment Rate Of Young People 14% Unemployment Rate Labor Force Participation Rate 68% 12% 10% 8% 6% 4% 2% 67% 66% 65% 64% 63% 0% 62% Labor Force Participation Rate Years Old Unemployment Rate 20 Years And Over Unemployment Rate Sources: Census Bureau; BLS; CoStar Portfolio Strategy As of 15Q1 page 6
7 Labor Participation and Employment-Population Trends Employment To Population Ratio And Labor Force Participation Rate Of Year Olds 86% Employment To Population Ratio & Labor Force Participation Rate 84% 82% 80% 78% 76% 74% 72% 70% Employment To Population Ratio Labor Force Participation Rate Sources: Bureau of Labor Statistics; U.S. Census Bureau As of 15Q1 page 7
8 Labor Participation and Employment-Population Trends Employment To Population Ratio And Labor Force Participation Rate Of Year Olds 78% 76% 74% 72% 70% 68% 66% 64% 62% 60% Employment To Population Ratio & Labor Force Participation Rate 58% Employment To Population Ratio Labor Force Participation Rate Sources: Bureau of Labor Statistics; U.S. Census Bureau As of 15Q1 page 8
9 Part-Time Employment Year Old Full-Time Vs. Part-Time Employment 12,000 Number of Workers* (000s) % of Workers Part-Time 40% 10,000 35% 30% 8,000 25% 6,000 20% 4,000 15% 10% 2,000 5% Years Old Full-Time Workers Years Old Part-Time Workers % Part-Time Sources: Census Bureau; BLS; CoStar Portfolio Strategy As of 15Q1 *Four-quarter average 0% page 9
10 Unemployment Is Worse Than It Looks Unemployment Rate (%) Unemployment Rate Persons Unemployed 15 Weeks or Longer 2.3 Job losers and Persons Who Completed Temporary Jobs 2.6 Official Unemployment Rate (U3) 5.4 Plus Discouraged Workers 5.9 Plus Other Marginally Attached 6.7 Plus Part-time for Economic Reasons Sources: Moody's Analytics; BLS; CoStar Portfolio Strategy As of May 2015 page 10
11 Leasing Fundamentals page 11
12 Entering The Late Stages Of the Apartment Cycle Real Estate Cycle Placement In 54 National Index Markets By Property Type OCC RENT OCC RENT OCC RENT OCC RENT Recovery Early Expansion Late Expansion Contraction Occupancy Rent Retail 52 2 Light Industrial 53 1 Logistics Office Apartment 7 47 Source: CoStar Portfolio Strategy As of 15Q1 page 12
13 Supply Coming But Vacancies Are Tight National Apartment Supply, Demand, and Vacancy 300 Demand & Supply (000s Units) Vacancy 8% 250 7% 200 6% 150 5% % Demand Change (Y/Y) Supply Change (Y/Y) Vacancy 3% Source: CoStar Portfolio Strategy As of 15Q1 page 13
14 The Peak Of The Echo Boom U.S. Population of Key Apartment Renting Cohorts 25 Absolute Level (Millions) Absolute Level Total Renter Cohort (Millions) Age Age Age Total Renter Cohort 54 Sources: Moody's Analytics; CoStar Portfolio Strategy As of 15Q1 page 14
15 If You re Under 40, Good Luck Getting A Loan Loans Serviced By Credit Score And Average Credit Scores By Age Conforming Home Loans Serviced ('000s) 3,350 3,150 2,950 2,750 2,550 2,350 2,150 1,950 1,750 08Q1 09Q1 10Q1 11Q1 12Q1 13Q1 14Q1 Fannie Mae - Total Loans Serviced With Original Credit Score < Credit Score Avg Credit Score By Age (Years) Sources: U.S. Federal Housing Finance Agency (FHFA); FreeScore.com; Costar Group, Inc. As of 15Q1 page 15
16 Young People Still Underemployed Change In Population And Employment By Age Cohort (20-34-Year-Olds) 5,000 4,000 3,000 Cumulative Change in Population and Employed (000s) If labor force participation rate (71.9%) returns to historical norm (75%), there is a potential increase of 2 million employed people in primary-renting demographic. 2,000 1,000 0 (1,000) (2,000) (3,000) (4,000) People Employed Employed at Normal Participation Rate Sources: BLS; Moody's Analytics; CoStar Portfolio Strategy As of 14Q4 page 16
17 Starts Continue To Climb To Historical Levels U.S. Multifamily Starts and Permits 250 Starts and Permits (000s) Multifamily Starts Multifamily Permits Multifamily Starts Historical Average (83-Present) Sources: U.S. Census; Moody's Analytics; CoStar Portfolio Strategy As of 15Q1 page 17
18 New York Dallas - FW Washington, DC Seattle Atlanta Denver Los Angeles Austin Phoenix Boston San Antonio Charlotte Chicago Orlando Portland Minneapolis San Jose Nashville Miami San Francisco Philadelphia Orange County Tampa Raleigh San Diego Pockets Of Heavy Building Growth In Inventory By Metro Through 2016 (14Q4-16Q4) 35,000 New Supply (Units) New Supply (As % of Inventory) 10% 30,000 9% 8% 25,000 7% 20,000 15,000 6% 5% 4% 10,000 3% 5,000 2% 1% 0 0% Completions As A % Of Inventory South East Midwest West Source: CoStar Portfolio Strategy As of 15Q1 page 18
19 North Of The Line: Most Markets Forecast To Oversupply Change in Near Term (15Q1-16Q1) Supply and Demand 6% 5% 4% 3% 2% 1% Change in Supply Salt Lake City Denver Austin Charlotte Seattle San Antonio Boston Houston Orlando Nashville Raleigh Washington, DC Miami San Jose Milwaukee Pittsburgh Dallas - Fort Worth Atlanta Portland, OR San Francisco Philadelphia Phoenix Cincinnati New York Chicago Orange County Cleveland San Diego Baltimore Los Angeles St. Louis East Bay 0% 0% 1% 2% 3% 4% 5% Change in Demand South East Midwest West Source: CoStar Portfolio Strategy As of 15Q1 page 19
20 Detroit Norfolk New Orleans Orange County Sacramento Baltimore San Francisco Jacksonville Saint Louis Honolulu East Bay Memphis Indianapolis San Diego Inland Empire Columbus OH Las Vegas Long Island Los Angeles Dallas - FW Minneapolis Raleigh Northern NJ San Jose Hartford Philadelphia Chicago Portland Cleveland Phoenix New York Tampa Kansas City Boston Salt Lake City Richmond Charlotte Palm Beach County Miami Nashville Cincinnati San Antonio Atlanta Fort Lauderdale Oklahoma City Seattle Pittsburgh Austin Orlando Milwaukee Denver Washington, DC Stamford Houston Supply Putting Upward Pressure Most Places Vacancy Changes In Coming 12 Months 300 One Year Vacancy Change (BPS) (50) South East Midwest West Source: CoStar Portfolio Strategy As of 15Q1 page 20
21 Vacancies Will Remain Tighter In West Coast Markets Regional Vacancy Rates 10% Vacancy Rate 9% 8% 7% 6% 5% 4% 3% 2% East South Midwest West National Index Source: CoStar Portfolio Strategy As of 15Q1 page 21
22 Developers Heavily Focused on Urban Locations Units Under Construction As A Percentage Of Inventory In Top U.S. Markets Units (000s) % Of Existing Inventory 8% 7% 6% 5% 4% 3% 2% 1% 0 Urban Suburban 0% Units Under Construction % of Inventory Under Construction Sources: CoStar Portfolio Strategy As of 15Q1 page 22
23 Vacancies In 3 Star Properties Still Tightening Change In Vacancy By Star Over Last 2 Years By Star Rating 1.0% Vacancy Change 0.8% 0.6% 0.4% 0.2% 0.0% (0.2%) (0.4%) (0.6%) 4 & 5 Star 3 Star 1 & 2 Star Y/Y Change in Vacancy Source: CoStar Portfolio Strategy As of 15Q1 page 23
24 New Deliveries Pushing Vacancies In Many Metros Vacancy Rate By Star Rating Minneapolis Philadelphia Washington DC Boston Houston Austin Denver Chicago Los Angeles San Francisco New York San Diego East Bay Miami Orange County Detroit Dallas - FW Atlanta Phoenix Seattle Change in Vacancy Rate by Rating, 13Q1-15Q1 0% 2% 4% 6% 8% 4&5 Star 3 Star Source: CoStar Portfolio Strategy As of 15Q1 page 24
25 Rent and NOI Trends page 25
26 San Francisco San Jose Denver East Bay Seattle Miami Houston Los Angeles San Diego Boston Oklahoma City Dallas - FW Dallas - Fort Worth Baltimore Minneapolis Orange County Chicago Fort Lauderdale Cleveland Washington, DC Atlanta Milwaukee Sacramento Inland Empire New York Orlando Richmond Phoenix Northern New Jersey Stamford Las Vegas Some Markets Are Now Very Expensive Current Asking Rents As A % Of Prerecession Peak 135% 130% 125% 120% 115% 110% 105% 100% 95% 90% Rent As A % Of Prerecession Peak Asking Rent ($) 3,500 3,000 2,500 2,000 1,500 1, Rent As A % Of Prerecession Peak Current Rent South East Midwest West Source: CoStar Portfolio Strategy As of 15Q1 page 26
27 Rent Growth Slowing Across Market Tiers Y/Y Effective Rent Growth By Tier (National Index) 8% Effective Rent Growth (Y/Y) 6% 4% 2% 0% (2%) (4%) (6%) Primary Secondary Tertiary Source: CoStar Portfolio Strategy As of 15Q1 page 27
28 Apartment NOI Growth Has Been Slowing NOI growth by property type 12% NOI Growth (Y/Y) 10% 8% 6% 4% 2% 0% (2%) (4%) (6%) (8%) Apartment Office Retail Warehouse Source: CoStar Portfolio Strategy As of 15Q1 page 28
29 Single-Family Market page 29
30 Housing In Recovery Mode Home Price Indices 220 Index (2000 = 100) Quarterly Housing Starts (Thousands) Starts NAR FHFA (Purchase Only) Case-Shiller 20-City 0 Sources: Moody's Analytics; NAR; FHFA; Case-Shiller; U.S. Census Bureau; PPR As of 15Q1 page 30
31 Austin Houston Denver Dallas Pittsburgh San Jose Raleigh San Francisco Boston Philadelphia Seattle Orange County East Bay Atlanta New York Washington, D.C. San Diego Los Angeles Phoenix Chicago Miami Las Vegas Detroit Home Prices Rebounding Across The Country But Housing Market Varies By Metro 40% Home Price - Current Relative to Level* 30% 20% 10% 0% (10%) (20%) (30%) (40%) (50%) Home Price - Current Relative to Level Sources: Moody's Analytics; BLS; CoStar Portfolio Strategy *Average Median Home Price From As of 15Q1 page 31
32 Housing Affordability But Housing Affordability Still High 9% Interest Rates Housing Affordability Index 200 8% 180 7% 160 6% 5% 4% 3% % 40 1% 20 0% Composite Housing Affordability Index, (Index, SA) FHLMC: 30-Year Commitment Rate - Fixed Rate - National, (%, NSA) FHLMC: 15-year fixed commitment rate, (%, NSA) 0 Sources: Moody's Analytics; NRA; CoStar Portfolio Strategy As of 15Q1 page 32
33 Signs Point To Continued Recovery Housing Delinquencies, Foreclosures, And For-Sale Inventory 12% Delinquencies and Foreclosures (% of Loans) Months Supply of Single-Family Homes 12 10% % 9 8 6% 7 4% 6 5 2% 4 3 0% Months Supply of SF Homes Foreclosures Delinquencies Average SF Home Supply Sources: BEA; Moody's Analytics; CoStar Portfolio Strategy As of May 2015 page 33
34 Is Condo Market Coming Back? U.S. Condo Inventory And Condo Sales Price Change 12% Homeownership Vacancy and Quarterly Price Change Condos For Sale (000s) % 8% 600 6% 500 4% 400 2% 0% 300 (2%) 200 (4%) (6%) 100 (8%) Condos Available for Sale Change in Condo Sales Price - 4 Qrtr Moving Avg (Q/Q) 5+ Unit Homeownership Vacancy 0 Sources: NAR; Moody's Analytics; CoStar Portfolio Strategy As of 15Q1 page 34
35 Homeownership Rate Continues To Decline Homeownership Rate And Renter Occupied Households 70 Homeownership Rate (%) Renter Occupied Households (Millions) Renter Households Under 35 Years HO Rate U.S. HO Rate Sources: Moody's Analytics; U.S. Census Bureau; CoStar Portfolio Strategy As of 15Q1 page 35
36 Reasons Not To Own FED Survey: Reason To Rent Or Own (Asked To Renters) 60% Percent of Respondents 50% 40% 30% 20% 10% 0% Years Old Years Old Years Old 60+ Years Old Cheaper To Rent Than Own More Convenient To Rent Plan On Moving In The Near Future Can't Qualify For A Mortgage Can't Afford The Down Payment Simply Prefer To Rent Currently Looking To Buy Sources: Federal Reserve (2013 Survey of Consumer Finances); CoStar Portfolio Strategy As of 15Q1 page 36
37 Capital Markets page 37
38 Volume Remains High U.S. Quarterly Sales Volume 40 Total Sales ($ Billions) Sales Volume Archstone Deal Source: CoStar Portfolio Strategy As Of 15Q1 page 38
39 Volume Remains High; On Pace For Another Record Year U.S. Quarterly Sales Volume $120 Total Sales ($ Billions) $100 $80 $60? $40 $20 $ Sales Volume Year End 2015? Source: CoStar Portfolio Strategy As Of 15Q1 page 39
40 Sales Volume by Tier 40 Total Sales ($ Billions) Primary Market Sales Volume Secondary Volume Tertiary Volume Source: CoStar Portfolio Strategy As Of 15Q1 page 40
41 Sales Volume by Region 40 Total Sales ($ Billions) Northeast Southeast Central West Coast Source: CoStar Portfolio Strategy As Of 15Q1 page 41
42 Sales Volume By Star Rating 40 Total Sales ($ Billions) Star 4 Star 3 Star 2 Star Source: CoStar Portfolio Strategy As Of 15Q1 page 42
43 Volume By Star Rating For Primary Metros Only 18 Total Sales ($ Billions) Star 4 Star 3 Star 2 Star Source: CoStar Portfolio Strategy As Of 15Q1 page 43
44 Sales Volume, CBD vs. Suburbs 40 Total Sales ($ Billions) CBD Sales Volume Suburban Sales Volume Source: CoStar Portfolio Strategy As Of 15Q1 page 44
45 SALES VOLUME ABOVE AND BELOW $25 MILLION PER ASSET 40 Total Sales ($ Billions) Buildings Sold at $10M and Over Buildings Sold for Less Than $10M Source: CoStar Portfolio Strategy As Of 15Q1 page 45
46 Price Per Unit Across Market Tiers $300 Price Per Unit $250 $200 $150 $100 $50 $ Primary Markets Secondary Markets Tertiary Markets Source: CoStar Portfolio Strategy As Of 15Q1 page 46
47 Price Per Unit Across Market Tiers $300 Price Per Unit $250 $200 99% $150 $100 67% 54% $50 $ Primary Markets Secondary Markets Tertiary Markets Source: CoStar Portfolio Strategy As Of 15Q1 page 47
48 PRICE/UNIT IN PRIMARY METROS, CBD vs. SUBURBAN 600 Price Per Unit Primary CBD Primary Suburban Source: CoStar Portfolio Strategy As Of 15Q1 page 48
49 Cap Rates By Region 8.5% 8.0% 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% Northeast Southeast Central West Coast Source: CoStar Portfolio Strategy As Of 15Q1 page 49
50 Cap Rates By Market Tier 8.5% 8.0% 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% Primary Secondary Tertiary Source: CoStar Portfolio Strategy As Of 15Q1 page 50
51 Cap Rates By Property Type 9.5% 9.0% 8.5% 8.0% 7.5% 7.0% 6.5% 6.0% 5.5% 5.0% Apartment Office Warehouse Retail Source: CoStar Portfolio Strategy As Of 15Q1 page 51
52 Too Early To Call A Trend, But % Of Ask Continues To Fall Trends Of Properties Listed For Sale On CoStar 104% Percent Of Ask Months To Close % 100% % 96% % % 90% % 86% % Months To Close Percent of Ask Source: CoStar Portfolio Strategy As Of 15Q1 page 52
53 Select Top Multifamily Deals 1Q 2015 Praedium/Blackstone Multi-State Portfolio Praedium Group sold a 36-complex, 11,029 unit apartment portfolio to The Blackstone Group for $1.70 billion. Nationwide in scope, the Class A & B portfolio traded at $154,000 per unit. MODE by Alta San Jose, CA Wood Partners sold the 111-unit luxury complex to Land & Houses, LLC for $73.63 million. Having delivered in late 2014, the 663,288 per unit complex has a pro-forma cap rate of 4.0% OneEleven Chicago, IL The Related Companies to the 504-Unit ultra-luxury tower to Heitman, LLC for $ million or $641,240 per unit. Conceived as a hotel, the seller redeveloped the site since 2011 and it sold with an 80% occupancy. 8 th & Hope Los Angeles, CA Wood Partners sold the 290-unit 8 th & Hope to Essex Property Trust for million. The building delivered in 4 th Q 2014, transferred at 55% leased and is expected to stabilize by 3 rd Q 2015 and a 3.75% cap rate. Residences on the Avenue Washington, DC Boston Properties sold the 335 unit /50,000 sf retail building to the Kuwaitbased WAFRA Investment Advisory Group for $ million. With a 94% apartment occupancy and fully leased retail the property traded at a 4.1% cap.. 4 Complex Student Housing Portfolio FL. GA, MO & TX A venture of JLL Income Property Trust sold Starwood Capital a four-complex portfolio for $ million. Consisting of 1,212 units /3,480 beds it sold for 101,500 unit and at a 5.77% cap rate. page 53
54 Copyright 2015 CoStar Realty Information, Inc. No reproduction or distribution without permission. The following information includes projections and analyses that are based on various assumptions by CoStar concerning future events and circumstances, as well as historical and current data maintained in CoStar s database, obtained from public sources or provided by proprietary sources. Actual results may vary materially from the projections presented. The information in this presentation speaks only as of the date(s) referenced and is provided as is. CoStar expressly disclaims any guarantees, representations or warranties of any kind, including those of merchantability and fitness for a particular purpose. You should not construe any of the information herein as investment, tax, accounting or legal advice. page 54
State Of The U.S. Industrial Market: 2017 Q2
State Of The U.S. Industrial Market: 2017 Q2 Copyright 2017 CoStar Realty Information, Inc. No reproduction or distribution without permission. The following information includes projections and analyses
More informationMacroeconomic Overview: The Sunbelt Continues To Shine. Michael Cohen Director of Advisory Services Property & Portfolio Research ULI SOUTH CAROLINA
Macroeconomic Overview: The Sunbelt Continues To Shine Michael Cohen Director of Advisory Services Property & Portfolio Research Macro Trends A THREE-SPEED WORLD AND A RECESSION IN THE EUROZONE 4% Real
More informationEconometric Advisors APARTMENT OVERVIEW AND OUTLOOK Q4 2017
Econometric Advisors APARTMENT OVERVIEW AND OUTLOOK Q4 2017 THE U.S. ECONOMY WILL REMAIN ON FIRM FOOTING IN 2018 JOB GROWTH WILL MODERATE AS LABOR MARKET TIGHTENS FURTHER STRONG CONSUMPTION, HIGHER PRIVATE
More informationStruggling to Escape the Fallout of the Great Recession MARISA Di NATALE, MANAGING DIRECTOR
Struggling to Escape the Fallout of the Great Recession MARISA Di NATALE, MANAGING DIRECTOR FROM MOODY S ECONOMY.COM Broad-Based Slowing Across the Nation Total employment excluding federal government,
More informationOffice. Office. IRR Viewpoint 2015
IRR Viewpoint 05 Above: Designed in 95 in the Art Deco style by architect Timothy Pflueger as the Pacific Telephone and Telegraph Building, 40 New Montgomery Street, San Francisco, CA has been the subject
More information2019 Outlook. January
2019 Outlook January 2019 0 Performance in the multifamily market remained healthy during 2018 and is expected to continue into 2019, but with more modest growth in comparison to recent years. The multifamily
More informationCAPITALIZATION RATES BY PROPERTY TYPE
RATES BY PROPERTY TYPE MID-YEAR 2014 0 RATES BY ASSET TYPE MID-YEAR 2014 O V E R V I E W Capital continues to flow steadily into the U.S. real estate market, as both domestic and foreign investors increase
More informationUS CAPITAL MARKETS REPORT
US CAPITAL MARKETS REPORT Capitalization Rates By Property Type Fall 2016 US Capital Markets Report Capitalization Rates By Asset Type OVERVIEW Year-to-date investment sales volume lagged on a year-over-year
More informationThe Five Retail Trends to Watch in January 14, 2015
The Five Retail Trends to Watch in 2015 January 14, 2015 U.S. ECONOMIC TRENDS Inflation Adjusted Crude Oil Prices Fall Below Long-Term Average Price per Barrel (Nov. 2014 Dollars) $160 $120 $80 $40 $0
More informationCBRE CAP RATE SURVEY. A CBRE Publication. First Half Click to Enter
CBRE CAP RATE SURVEY A CBRE Publication In This Issue: pg 2 pg 8 pg 17 pg 26 pg 36 pg 41 pg 44 Click to Enter United States The 10-year Treasury (UST) was measurably lower than 2% from April 2012 through
More informationThe Economy and What It Means to Commercial Real Estate
The Economy and What It Means to Commercial Real Estate Hans Nordby Managing Director PPR NAIOP. Do not distribute or reproduce without permission. THE RECOVERY TO DATE GDP GROWTH BY COUNTRY 15% 10% 5%
More informationCapital Market Update. February 10, 2011 Marc Louargand, Ph.D., CRE, FRICS Principal SALTASH PARTNERS LLC investing in American ingenuity
Capital Market Update February 10, 2011 Marc Louargand, Ph.D., CRE, FRICS Principal SALTASH PARTNERS LLC investing in American ingenuity A Brief Tour of the Capital Market What s happened in the past year?
More informationCYCLE FORECAST Real Estate Market Cycles First Quarter 2018 Estimates May 2017
CYCLE FORECAST Real Estate Market Cycles First Quarter 20 Estimates May 20 So far, 20 continues along at a slow Gross Domestic Product (GDP) growth rate near 2% and employment continues to hover above
More informationHousing Recovery is Underway, But Not for Everyone
Housing Recovery is Underway, But Not for Everyone Eric Belsky August 2013 Dallas, TX Housing Markets Have Corrected In Significant Ways Both price and quantity reductions have occurred Even after price
More informationCYCLE FORECAST Real Estate Market Cycles Third Quarter 2017 Estimates November 2016
CYCLE FORECAST Real Estate Market Cycles Third Quarter 0 Estimates November 0 It is expected that 0 should have a growth trajectory higher than the past six years. Economists revised their forecasts to
More informationMultifamily Outlook. United States Fall 2014
Multifamily Outlook United States Fall 2014 Markets continue to perform at peak levels... with nearterm, pocketed softening on the horizon On the heels of seven quarters of peak-level investment sale volumes,
More informationCycle Monitor Real Estate Market Cycles First Quarter 2018 Analysis
Black Creek Research Cycle Monitor Real Estate Market Cycles First Quarter 20 Analysis Real estate physical market cycle analysis of five property types in Metropolitan Statistical Areas (MSAs). Equilibrium
More informationEconomic Risks and Their Meaning for the Southwest STEVE COCHRANE, MANAGING DIRECTOR
Economic Risks and Their Meaning for the Southwest STEVE COCHRANE, MANAGING DIRECTOR The Europeans Are All-in Composition of the European Central Bank s balance sheet, bil 5,000 Other assets Emergency
More informationAPARTMENT TRENDS. U.S. Economic and Multi-Family Outlook. Special Client Webcast May 31, 2006
APARTMENT TRENDS U.S. Economic and Multi-Family Outlook Special Client Webcast May 31, 2006 U.S. Apartment Market Economic and Apartment Supply-Demand Overview and Outlook U.S. Economic Conditions Ideal
More informationCycle Monitor Real Estate Market Cycles Fourth Quarter 2017 Analysis
Black Creek Research Cycle Monitor Real Estate Market Cycles Fourth Quarter 0 Analysis Real Estate Physical Market Cycle Analysis of Property Types in Metropolitan Statistical Areas (MSAs). Many economists
More informationThe Economic Backdrop When will this cycle end?
The Economic Backdrop When will this cycle end? How far are we into the current economic expansion? Current expansion in 8 th year; 4 th longest since 1960 Length of economic expansions (months) Apr-91-Feb-01
More informationAEI Center on Housing Markets and Finance Announces Ten Best and Worst Metro Areas to Be a First Time Homebuyer
AEI Center on Housing Markets and Finance Announces Ten Best and Worst Metro Areas to Be a First Time Homebuyer Edward Pinto and Tobias Peter November 28th, 2018 New AEI study ranks 50 metros by home price
More informationMetropolitan Area Statistics (4Q 2012)
Metropolitan Area Statistics (4Q 2012) Apartment Completions 4Q 2011 4Q 2012 % Chg. Atlanta 490 288-41% Boston 678 995 47% Chicago 506 711 41% Cleveland 4 13 225% Columbus 255 322 26% Dallas-Ft. Worth
More informationMetro Washington, DC State of the Market
Metro Washington, DC State of the Market Q1 2016 U.S. office clock San Francisco Peninsula Silicon Valley Houston Dallas, San Francisco Austin Nashville Peaking phase Falling phase Denver, Minneapolis,
More informationThe U.S. and California Is The Recovery Here at Last? UCLA Anderson School of
The U.S. and California Is The Recovery Here at Last? Jerry Nickelsburg Senior Economist UCLA Anderson Forecast State of the County January 20, 2010 SEPTEMBER 2008 In September 2008 Financial Markets Stopped
More informationHIGH AND WIDE: INCOME INEQUALITY GAP IN THE DISTRICT ONE OF BIGGEST IN THE U.S. By Wes Rivers
An Affiliate of the Center on Budget and Policy Priorities 820 First Street NE, Suite 510 Washington, DC 20002 (202) 408-1080 Fax (202) 325-8839 www.dcfpi.org March 13, 2014 HIGH AND WIDE: INCOME INEQUALITY
More informationEmerging Trends in Real Estate 2012
Emerging Trends in Real Estate 2012 Longest published annual real estate outlook 33rd consecutive year Most predictive industry forecast Based on surveys/interviews with 950 industry leaders Jointly published
More informationCAPITAL MARKETS UPDATE. Suburban Office: Is this the Next Play?
CAPITAL MARKETS UPDATE Suburban Office: Is this the Next Play? October 2016 Investment Thesis Background Suburban office product has lagged the property recovery cycle. Most of the lag is the result of
More informationMultifamily Investing: Expectations, Realities, Assessment of Conventional Wisdoms
REACH RESEARCH RESULTS Multifamily Investing: Expectations, Realities, Assessment of Conventional Wisdoms July 2016 James Halliwell, Managing Director Principal Real Estate Investors PROPERTY SALES VOLUME
More informationINDUSTRIAL REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE. irr.com. An Integra Realty Resources Publication
INDUSTRIAL REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE Growing Consumption Fuels the Industrial Sector IRR research indicates that more than half of U.S. industrial
More information2014 U.S. Census (2015) Median African-American Household Income Rank, Memphis Included. Household Median Income Ranking, African American Population
2015 2015 Rankings Report Prepared by Elena Delavega, PhD, MSW Department of Social Work Benjamin L. Hooks Institute for Social Change University of Memphis 2014 U.S. Census (2015) - Rank, Memphis Included
More informationERRATA. To: Recipients of MG-388-RC, Estimating Terrorism Risk, RAND Corporation Publications Department. Date: December 2005
ERRATA To: Recipients of MG-388-RC, Estimating Terrorism Risk, 25 From: RAND Corporation Publications Department Date: December 25 Re: Corrected pages (pp. 23 24, Table 4.1,, Density, Density- Weighted,
More informationmultifamily market overview presented by: Kurt Shoemaker First Vice President
multifamily market overview 2019 presented by: Kurt Shoemaker First Vice President g r e a t e r d a y t o n a p a r t m e n t a s s o c i a t i o n agenda 01 02 03 04 05 06 macro-level economic indicators
More informationMetroMonitor Tracking Economic Recession and Recovery in America s 100 Largest Metropolitan Areas
MetroMonitor Tracking Economic Recession and Recovery in America s 100 Largest Metropolitan Areas Howard Wial and Richard Shearer June 2011 (Updated on June 24, 2011) With job growth slowing and housing
More informationZipRealty, Inc. Supplemental Data Reclassification of Consolidated Statement of Operations
Reclassification of Consolidated Statement of Operations Effective January 1, 2007, for income statement presentation purposes, we have reclassified sales support and marketing expenses from general and
More informationFOR IMMEDIATE RELEASE Contact: Ann Marie Gorden/Robert Nihen
cutting through complexity News FOR IMMEDIATE RELEASE Contact: Ann Marie Gorden/Robert Nihen June 24, 2014 KPMG LLP 201-505-6288/201-307-8296 agorden@kpmg.com / rnihen@kpmg.com CINCINNATI, CLEVELAND, ATLANTA
More informationOffice of the Chief Economist National Credit Union Administration. Economic Overview. California State Examiner School.
Office of the Chief Economist National Credit Union Administration California State Examiner School May 30, 2017 Credit Union Performance Trends Recent Data About Credit Union Performance in California,
More informationState of the Office Market
State of the Office Market Al Pontius Brian McAuliffe James Street Bill Rogalla Managing Director Marcus & Millichap Head of Transactions RREEF Co-Head, Dispositions Prudential Real Estate Investors Senior
More informationCOMMERCIAL REAL ESTATE MARKET AND INDUSTRY OUTLOOK THE BIG PICTURE 2019 AND BEYOND
COMMERCIAL REAL ESTATE MARKET AND INDUSTRY OUTLOOK THE BIG PICTURE 2019 AND BEYOND 10-Year Economic Lookback 2007 The Height of the Last Cycle 25.4 Million Increase in Population Since 2007 10.4 Million
More informationEmerging Trends in Real Estate 2016
Emerging Trends in Real Estate 2016 PwC ULI 12 Month Outlook on Trends 37 th Edition 1,800+ Real Estate leaders surveyed 75 Cities Profitability outlook 2010 17.7% 60.6% 21.6% Abysmal to Poor Fair Good
More informationU.S. Economic and Medical Office Market Overview and Outlook. November, 2014
2014 U.S. Economic and Medical Office Market Overview and Outlook November, 2014 Economic & Demographic Overview U.S. GDP Growth and Health Care Spending Trends GDP Health Care Expenditures Annualized
More informationU.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE
AEW RESEARCH U.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE Q2 2018 AEW RESEARCH U.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE Q 2 2018 1 Prepared by AEW Research, June 2018 This material is intended for information
More informationHotel Valuation and Transaction Trends For the U.S. Lodging Industry
Hotel Valuation and Transaction Trends For the U.S. Lodging Industry Stephen Rushmore, CHA, MAI, FRICS President and Founder HVS International 372 Willis Avenue Mineola, NY 11501 516-248-8828 ext. 204
More informationCCRSI RELEASE OCTOBER 2014 (With data through August 2014)
CCRSI RELEASE OCTOBER 2014 (With data through August 2014) COMMERCIAL PROPERTY PRICES SUSTAIN UPWARD CLIMB IN AUGUST IMPROVING LABOR MARKET CONDITIONS FUEL STRONG THIRD QUARTER NET ABSORPTION AND PRICE
More informationThe Challenges & Opportunities From Falling Energy Prices March 2015
The Challenges & Opportunities From Falling Energy Prices March 2015 page 1 Agenda Oil Market: Macro Overview Deep Dive: Houston Economy & CRE Markets Beneficiaries: Who Stands To Gain From Cheap Oil?
More informationEmerging Trends in Real Estate Sustaining Momentum but Taking Nothing for Granted
Emerging Trends in Real Estate 2015 Sustaining Momentum but Taking Nothing for Granted DALLAS November 6, 2014 36th annual outlook 1,400+ interviews and surveys of industry leaders Rewind: 2014 Emerging
More informationThe Housing Market and the Macroeconomy. Karl E. Case. University of North Carolina February 18, 2010
The Housing Market and the Macroeconomy Karl E. Case University of North Carolina February 18, 2010 Briefly describe some of the connections between the housing market and the Macroeconomy Discuss how
More informationUS Hotel Industry Overview. Chris Crenshaw
US Hotel Industry Overview Chris Crenshaw ccrenshaw@str.com July 2014 (12 MMA): All Signs Point To A Sellers Market % Change Room Supply* 1.8 bn 0.8% Room Demand* 1.1 bn 3.4% Occupancy 63 % 2.6% A.D.R.*
More informationData Brief. Trends in Employer-Sponsored Health Insurance Premiums and Employee Contributions in Major Metropolitan Areas,
December 2012 Data Brief Trends in Employer-Sponsored Health Insurance Premiums and Employee Contributions in Major Metropolitan Areas, 2003 2011 The mission of The Commonwealth Fund is to promote a high
More informationU.S. Investment Outlook
U.S. Investment Outlook Quarterly Investor Research update Q2 2015 U.S. Investment overview 37% 21% 15% 15% U.S. cities dominating global investment activity Top 20 Cities for Transactional Volumes H1
More informationA Divided Real Estate Nation
Real Estate Reality Check Explanation of "What Happened" from the 26 Leadership Conference Boom ended August 2 Mortgage rates rose almost one point Affordability conditions deteriorated Speculative investors
More informationStrong conclusion to 2015, some caution ahead in 2016
MARKETVIEW U.S. Office, Q4 215 Strong conclusion to 215, some caution ahead in 216 Vacancy Rate 13.1% Lease Rate $29.7 PSF Net Absorption 19.4 MSF Completions 12.1 MSF *Arrows indicate change from previous
More informationResearch. Absorption strong as demand outpaces completions NATIONAL 3Q17 OFFICE MARKET. Current Conditions
Absorption strong as demand outpaces completions The national office market posted strong absorption during the third quarter as demand outpaced completions for the first time in four quarters. Comparatively,
More informationINDUSTRIAL SECTOR REMAINS IN-CHECK AS ECONOMY GIVES MIXED SIGNALS
INDUSTRIAL MARKET REPORT 1Q INDUSTRIAL SECTOR REMAINS IN-CHECK AS ECONOMY GIVES MIXED SIGNALS ECONOMY: During 1Q16, real GDP increased at an annualized rate of 0.8% (second estimate), compared to 1.4%
More informationMultifamily Debt Market
H U N T M O R T G A G E G R O U P Multifamily Debt Market Hayley Suminski Originator, Boston Office Multifamily Debt Market Asset Types 1. Conventional & Coop 2. Manufactured Housing 3. Seniors Housing
More informationCaptain CREDIT Crunch
Captain CREDIT Crunch April 9, 2008 Presented by: Patrick Devereaux Senior Director The Times They Are A-Changin Post Credit Crunch Investment Market Fundamentals Of Commercial Real Estate Remain Strong
More informationCCRSI RELEASE JANUARY 2014 (With data through NOVEMBER 2013)
CCRSI RELEASE JANUARY 2014 (With data through NOVEMBER 2013) COMMERCIAL REAL ESTATE PRICES POST STEADY GAINS IN NOVEMBER STRONG ABSORPTION ACROSS PROPERTY TYPES SUPPORT BROAD GAINS IN PRICING This month's
More informationWA S H I N G TO N / BALT I M O R E
D E L T A A S S O C I A T E S WA S H I N G TO N / BALT I M O R E R E A L E S T A T E M A R K E T O V E R V I E W MULTIFAMILY MARKET OVERVIEW 0 9. 2 9. 2 0 1 5 B y W i l l i a m R i c h, C R E P r e s i
More information2018 NORTH AMERICAN CONSTRUCTION FORECAST REPORT
2018 NORTH AMERICAN CONSTRUCTION FORECAST REPORT Published October 2017 Oldcastle Business Intelligence TABLE OF CONTENTS Executive Summary... 2 U.S. Economic Overview... 3 U.S. Construction Forecast...
More informationEmerging Trends in Real Estate 2014
Canada Emerging Trends in Real Estate 2014 Emerging Trends is the industry s most predictive forecast 35th annual outlook Based on over 1,000 interviews and surveys of industry leaders Sponsored by PwC
More informationDeutsche Bank Global Industrials and Basic Materials Conference June 14, 2012
Deutsche Bank Global Industrials and Basic Materials Conference June 14, 2012 1 Statement Of Forward-looking Information Certain information included in this presentation is forward-looking within the
More informationFinancial Strength and Operational Excellence
Financial Strength and Operational Excellence 425 Mass Washington, D.C. RiverTower New York, NY Longacre House New York, NY 1401 Joyce on Pentagon Row Arlington, VA JUNE 2010 Trump Place New York, NY 180
More informationOffice-Using Jobs and Net Migration Point to Continued Strength
October 20, 2017 Office-Using Jobs and Net Migration Point to Continued Strength Key Takeaways Secondary Sunbelt office markets are priced to offer attractive, risk-adjusted returns relative to the Gateway²
More information2015 REAL ESTATE ECONOMIC FORECAST The National Economy and What It Means For Real Estate
2015 REAL ESTATE ECONOMIC FORECAST The National Economy and What It Means For Real Estate February 5, 2015 Jeanette I. Rice Kentucky Chapter National economy in great shape for 2015 Creating excellent
More informationU.S. Office Market Fundamentals Level Off but Remain Positive
U.S. Research Report OFFICE OUTOOK Q3 2016 U.S. Office Market Fundamentals evel Off but Remain Positive Michael Roessle, National Director of Office Research In Q3 2016, U.S. office market fundamentals
More informationEmerging Trends in Real Estate Navigating at Altitude
Emerging Trends in Real Estate 2018 Navigating at Altitude We are in a long cycle, not in boom/ bust. The key to the next few years is to expand horizons, market by market, property type by property type.
More informationS&P CORELOGIC CASE-SHILLER NATIONAL HOME PRICE NSA INDEX CONTINUES STEADY GAINS IN OCTOBER
S&P CORELOGIC CASE-SHILLER NATIONAL HOME PRICE NSA INDEX CONTINUES STEADY GAINS IN OCTOBER NEW YORK, DECEMBER 26, 2017 S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller
More information50-State Property Tax Comparison Study: For Taxes Paid in Executive Summary
50-State Property Tax Comparison Study: For Taxes Paid in 2017 Executive Summary By Lincoln Institute of Land Policy and Minnesota Center for Fiscal Excellence April 2018 As the largest source of revenue
More informationPresented By: Doug Herzbrun Managing Director January 26, 2000
NORTHWEST CONSTRUCTION CONSUMER COUNCIL Presented By: Doug Herzbrun Managing Director January 26, 2000 U.S. Real Estate Capital Markets Overview INVESTABLE UNIVERSE $1.1 TRILLION 3 INVESTABLE UNIVERSE
More informationCOMMERCIAL. first look
CCRSI RELEASE AUGUST 213 (With data through June 213) COMMERCIAL REAL ESTATE PRICES SEE MIDYEAR SURGE WITH STRONGEST QUARTER RLY INCREASE SINCE 211 RECOVERY BROADENS AS GENERAL COMMERCIAL SEGMENT EDGES
More informationRelationships. Results. COMPANY OVERVIEW COMMERCIAL REAL ESTATE DEBT, EQUITY & SERVICING
Relationships. COMPANY OVERVIEW Results. COMMERCIAL REAL ESTATE DEBT, EQUITY & SERVICING COMMERCIAL REAL ESTATE DEBT, EQUITY & SERVICING Relationships. Results. For more than 50 years, NorthMarq Capital
More informationCapital Markets UpdateTM MULTIFAMILY EDITION SPECIAL FEATURE: SENIOR HOUSING OUTLOOK SECOND QUARTER 2014
Capital Markets UpdateTM MULTIFAMILY EDITION SPECIAL FEATURE: SENIOR HOUSING OUTLOOK SECOND QUARTER 2014 a Berkshire Hathaway and Leucadia National Company MARKET ACTIVITY SECOND QUARTER 2014 MULTIFAMILY
More informationCONTINUED RECOVERY IN THE INDUSTRIAL SECTOR SEVERAL MARKET FUNDAMENTALS IMPROVE
INDUSTRIAL MARKET REPORT: 3Q CONTINUED RECOVERY IN THE INDUSTRIAL SECTOR SEVERAL MARKET FUNDAMENTALS IMPROVE ECONOMY: For 3Q13, real GDP growth increased at an annualized rate of 2.8%, which was better
More informationCYCLE FORECAST Real Estate Market Cycles Second Quarter 2015 Estimates August 2014
CYCLE FORECAST Real Estate Market Cycles Second Quarter 0 Estimates August 0 Economic forecasts for U.S. GDP and employment growth continue to improve, but are still expected to be at growth rates slightly
More informationMY PLAN IS GETTING A REBATE FROM THE INSURER WHAT DO I DO WITH IT?
HUMAN CAPITAL PRACTICE ALERT: HEALTH CARE REFORM BILL August 2012 www.willis.com MY PLAN IS GETTING A REBATE FROM THE INSURER WHAT DO I DO WITH IT? EXECUTIVE SUMMARY All insured employer group medical
More informationTHE LOOMING CHALLENGE OF U.S. COMPETITIVENESS: IMPLICATIONS FOR PHILADELPHIA
THE LOOMING CHALLENGE OF U.S. COMPETITIVENESS: IMPLICATIONS FOR PHILADELPHIA Michael E. Porter (and Jan W. Rivkin) Harvard Business School Innovation Leadership Speaker Series Fox School of Business March
More informationU.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE
AEW RESEARCH U.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE Q4 2018 AEW RESEARCH U.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE Q 4 2018 1 Prepared by AEW Research, March 2019 This material is intended for information
More informationOFFICE FUNDAMENTALS CONTINUE TO SLOWLY STRENGTHEN
OFFICE MARKET REPORT: 4Q OFFICE FUNDAMENTALS CONTINUE TO SLOWLY STRENGTHEN Prepared by: Galen M. Raza-Self Real Estate Market Research PNC Real Estate 249 Fifth Avenue Pittsburgh, PA 15222 (412) 762-1847
More informationRegional Snapshot: The Cost of Living in Metro Atlanta
Regional Snapshot: The Cost of Living in Metro Atlanta Photo by rawpixel.com on Unsplash Atlanta Regional Commission, February 2018 For more information, contact: cdegiulio@atlantaregional.org In Summary
More informationEurope June Carol Tomé Executive Vice President, Corporate Services & Chief Financial Officer. Diane Dayhoff Vice President, Investor Relations
Europe June 2017 Carol Tomé Executive Vice President, Corporate Services & Chief Financial Officer Diane Dayhoff Vice President, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements
More informationPRESS RELEASE. Home Prices Continue Climbing in June 2013 According to the S&P/Case-Shiller Home Price Indices
Home Prices Continue Climbing in June 2013 According to the S&P/Case-Shiller Home Price Indices New York, August 27, 2013 Data through June 2013, released today by for its S&P/Case-Shiller 1 Home Price
More informationRelationships. Results. COMPANY OVERVIEW COMMERCIAL REAL ESTATE DEBT, EQUITY & SERVICING
Relationships. COMPANY OVERVIEW Results. COMMERCIAL REAL ESTATE DEBT, EQUITY & SERVICING C O M M E R C I A L R E A L E S TAT E D E B T, E Q U I T Y & S E R V I C I N G Relationships. Results. For more
More informationSafe Harbor Caution Concerning Forward-Looking Statements Non-GAAP Financial Measures Important Information For Investors And Shareholders
February 13, 2014 Safe Harbor Caution Concerning Forward-Looking Statements Certain statements in this communication regarding the proposed acquisition of Time Warner Cable Inc. ( Time Warner Cable ) by
More informationEmerging Trends in Real Estate Navigating at Altitude
Emerging Trends in Real Estate 2018 Navigating at Altitude Emerging Trends in Real Estate 2018 Navigating at Altitude We are in a long cycle, not in boom/bust. The key to the next few years is to expand
More informationEmployee Benefits Alert
Employee Benefits Alert September 2005 Issue No. 48 Health Saving Accounts: Comparability Rules The IRS and Treasury recently published proposed regulations concerning the comparability rules for employer
More informationAustralia/Asia July Diane Dayhoff Vice President, Investor Relations. Lyndsey Burton Senior Manager, Investor Relations
Australia/Asia July 2017 Diane Dayhoff Vice President, Investor Relations Lyndsey Burton Senior Manager, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements Certain statements
More informationU.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE
AEW RESEARCH U.S. ECONOMIC & PROPERTY MARKET PERSPECTIVE Q3 2018 1 Prepared by AEW Research, September 2018 This material is intended for information purposes only and does not constitute investment advice
More informationWas it all for N 0 u g h t? The 00 Decade and the Year Ahead. Tony Pierson Cornerstone Real Estate Advisers LLC. Real Estate Conference
Disclaimer This presentation is not intended to be and does not constitute investment advice. This is provided as an accommodation and shall not be relied upon as investment advice. This presentation includes
More informationequity advisory services
CAPABILITIES equity advisory services YOUR SINGLE POINT OF CONTACT FOR THE ENTIRE CAPITAL STACK Better relationships. Better results. EQUITY VOLUME BY PROPERTY TYPE Our close relationships with debt providers
More informationEmployee Benefits Alert
Employee Benefits Alert Issue No. 21 Legal & Research Group September 2004 Benefits Brokerage & Consulting Services Rx Purchasing Coalition HR Consulting Data Analysis Benefits Administration Retirement
More informationTEXAS MULTIFAMILY FOLLOW THE MONEY. THE CAPITAL MARKETS PERSPECTIVE Jeanette I. Rice, Americas Head of Investment Research February 12, 2016
TEXAS MULTIFAMILY FOLLOW THE MONEY THE CAPITAL MARKETS PERSPECTIVE Jeanette I. Rice, Americas Head of Investment Research February 12, 2016 MULTIFAMILY ON TOP OF THE MARKET 2 MONEY IS FOLLOWING MULTIFAMILY
More informationEmployee Benefits Alert
Employee Benefits Alert Issue 110 June 2007 The Massachusetts Health Care Reform Act: What s an Employer to Do? The Massachusetts Health Care Reform Act became law in April 2006; the July 1, 2007 effective
More informationequity advisory services
CAPABILITIES equity advisory services YOUR SINGLE POINT OF CONTACT FOR THE ENTIRE CAPITAL STACK Better relationships. Better results. EQUITY VOLUME BY PROPERTY TYPE Our close relationships with debt providers
More informationRETAIL CONTINUES TO STRUGGLE AS IMPROVEMENTS ARE NOT YET SUSTAINED
RETAIL MARKET REPORT: 2Q RETAIL CONTINUES TO STRUGGLE AS IMPROVEMENTS ARE NOT YET SUSTAINED KEY INDICATORS: Key retail market indicators continue to send mixed signals. Monthly retail sales (excluding
More informationMEN S MAGAZINE NETWORK
MEN S MAGAZINE NETWORK Car and Driver, MotorTrend, Popular Mechanics 2015 MEDIA KIT PLN Publishers Local Networks, LLC 576 Post Road Darien, CT 06820 Tel: 203.656.1000 Fax: 203.656.1007 info@publisherslocalnetworks.com
More informationLAS VEGAS LEADS PRICE GAINS IN JUNE ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX
LAS VEGAS LEADS PRICE GAINS IN JUNE ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, AUGUST 28, 2018 S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices,
More informationS&P/Case Shiller index
S&P/Case Shiller index Home price index Index Jan. 2000=100, 3 month ending 240 220 200 180 160 10-metro composite 140 20-metro composite 120 100 80 2000 2001 2002 2003 2004 Sources: Standard & Poor's
More informationehealth Inventory Report of Major Medical Health Plans Available Off of Government Exchanges
ehealth Inventory Report of Major Medical Health Available Off of Government Exchanges February 2014 Introduction Beginning January 1, 2014, all new major medical health insurance plans were required to
More informationManaging Your Money: "Housing and Public Policy the Bubble, Present, and Future
Managing Your Money: "Housing and Public Policy the Bubble, Present, and Future PLATO (Participatory Learning and Teaching Organization) J. Michael Collins UW Madison Center for Financial Security Overview
More informationWhy are you waiting? Austin 3Q12 forecast. Mark Sprague State Director of Information Capital Independence Title
Why are you waiting? Austin 3Q12 forecast Mark Sprague State Director of Information Capital Independence Title Now is the time to buy! Austin area resale home inventory is at 4.3 months New and resale
More information