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Inflation
March 25, 2022
Economy

The Wharton School of the University of Pennsylvania estimates that last year’s inflation required the average household to spend around $3,500 more to achieve the same level of consumption of goods and services as in 2019 or 2020.

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Half Point Increases
March 23, 2022
Economy

Federal Reserve Chairman Jerome Powell said the central bank was prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy if it concluded such steps were warranted to bring down inflation.

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Manhattan Sales
March 22, 2022
Featured

Co-op and condo sales in Manhattan reached record levels last year, in part due to pent-up demand following limited activity in 2020. The median sales price for all apartments in the borough topped $1.1 million, the second-highest level of the past decade.

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Home Values
March 21, 2022
Featured

The estimated value of the typical U.S. home rose 19.6% to $321,634 in 2021, an increase of $52,667 from 2020.

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Flexible Space
March 18, 2022
Featured

41% of office tenants say they plan to use more flexible space as a result of the pandemic, up from 29% in 2020.

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Rate Increase
March 17, 2022
Economy

The Federal Reserve raises interest rates by a quarter point, the first increase since 2018, and signals plans to lift them steadily this year to lower inflation.

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Stock Pickers
March 16, 2022
Economy

The benchmark S&P 500 notched a total return, including price gains and dividends, of 28.7% last year. That was a stronger showing than that of 85% of U.S. large-cap stock-picking mutual funds. 2021 was the 12th consecutive year in which the majority of actively managed funds of large-cap stocks underperformed the S&P 500.

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REIT M&A
March 10, 2022
Featured

Real-estate investment trust mergers and acquisitions as well as stock mergers totaled $140 billion last year, an all-time.

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Labor Market
March 9, 2022
Economy

Last year, workers quit their jobs at the highest rate on records back to 2000, suggesting that Americans were willing to leave employment in search of better wages or more desirable perks, including remote work.

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