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Airfares
July 13, 2023
Featured

Airfares shot up 20% between the start of the pandemic and June 2022; they’ve fallen 19% since, including 8% last month.

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Inflation
July 12, 2023
Economy

U.S. inflation eased last month to its slowest pace in more than two years as underlying price pressures cooled.

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Home Prices
July 11, 2023
Featured

After more than two years of booming sales and price increases, the U.S. housing market sank this year under the weight of high mortgage rates. In April, home prices declined year over year for the first time in 11 years.

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Affordable Housing
July 10, 2023
Featured

As many as 188,000 low-cost rental apartments funded by the government tax credit are eligible to convert their properties to market rate by 2027.

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U.S. Petroleum
July 7, 2023
Economy

U.S. crude output this year through April is up 9% from a year ago, on pace for a record-breaking year and helping to keep energy prices stable.

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Quit Rate
July 6, 2023
Economy

Americans voluntarily left 3.8 million jobs in April. That marked a drop of 700,000 from 4.5 million in November 2021, the highest level on Labor Department records back to 2000.

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Student Housing
July 5, 2023
Featured

Despite the rise in mortgage rates last year, sales of student housing property reached a record high of $22.9 billion in 2022.

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PE Volume
June 30, 2023
Economy

The overall value of private-equity-backed deals is down over 50% in 2023 versus the prior period, at a three-year low of about $256.7 billion. But the number of transactions has fallen only 4% to 6,458. That is the third-highest year-to-date tally in data going back more than 30 years, showing a resurgence of smaller deals.

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Home Price Decline
June 29, 2023
Economy

Home prices posted their first year-over-year price decline in 11 years in April, as higher mortgage rates made home purchases more expensive for buyers.

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