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Retail Real Estate
March 15, 2023
Featured

Retail was the only real-estate sector where sales grew last year compared with 2021. Sales activity, which totaled $85.7 billion in 2022, was mostly front-loaded in the first half of the year, with transactions declining as interest rates rose.

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Leveraged Buyout
March 14, 2023
Economy

Apollo Global Management Inc. has agreed to acquire chemical company Univar Solutions Inc. for $8.1 billion including debt, in one of the biggest recent leveraged buyouts.

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Renter Trend
March 13, 2023
Featured

The number of renter households making $150,000 or more a year rose by 87% between 2016 and 2021 to more than 3 million.

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Rate Hikes
March 9, 2023
Economy

Federal Reserve Chair Jerome Powell said Wednesday officials were keeping their options open over how much to raise interest rates this month after investors interpreted his comments Tuesday to suggest a half-percentage-point increase was likely.

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Customer Problems
March 8, 2023
Economy

Some 74% of the 1,000 consumers surveyed said they had experienced a product or service problem in the past year, up from 66% in 2020 and only 32% in 1976. The percentage of consumers who have taken action to settle a score against a company through measures such as pestering or public shaming in person or online, has tripled to 9% from 3% in 2020.

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Short Term Muni
March 7, 2023
Economy

A-rated cities and school districts are paying 3.16% for a one-year loan issued March 3, compared with 0.21% at the beginning of 2022.

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Branded Residences
March 6, 2023
Featured

The U.S. had 38,900 branded residences across more than 200 developments at the end of last year, a 40% increase from 2010. Buyers pay an average 30% premium to purchase hotel-branded residences with about 80% of branded residences affiliated, and usually co-located with, a hotel.

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Cash Payments
March 3, 2023
Economy

Cash and checks are forecast to fall to 14% of total payments this year from 42% in 2010, with the most precipitous drop coming just after the pandemic started in 2020.

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Inflation Outlook
March 2, 2023
Economy

Markets are now betting that inflation, as measured by the 12-month change in the consumer-price index, will fall to about 2.8% by October, from 6.4% in January.

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Home Prices
March 1, 2023
Featured

The S&P National Home Price Index, which measures home prices across the nation, rose 5.8% in the year ended in December, down from a 7.6% annual rate the prior month. The increase was the lowest December-to-December change since 2019.

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