Latest Consumer Price Inflation (April 2015)

There is no inflation.  The Federal Reserve can therefore relax and not hurry in raising rates.  However, housing costs continue to rise above the comfort level. Specifically, the Consumer Price Index declined 0.1 percent in April over the past...

REALTORS® Confidence Index Survey: April 2015 Survey Highlights

A monthly survey of  REALTORS®  about their transactions in April 2015 indicated a pickup in market activity and more widespread confidence compared to the situation in March  2015 and a year ago.  The April 2015 report is based on the...

Latest Housing Starts (April 2015)

New home construction is desperately needed to alleviate the on-going inventory shortage in much of the country.  Good news!  Housing starts rose decisively in April.  The growth in new home construction will further help expand employment in the construction...

Small Commercial Real Estate Market

Based on information for cap rates in NAR’s Commercial Real Estate Market Trends report one can conclude that the small commercial real estate (SCRE) market for properties less than $2.5 million is distinctly different from the large commercial real...

Price Differences–Small and Large Commercial Buildings

The average property transaction in commercial real estate markets served by REALTORS® has been in the neighborhood of $1.6 million, significantly below the $2.5 million threshold typically used by major databases in compiling sales information.  The markets for small...