Economic Update – March 17, 2023

Economic Update – March 17, 2023

1. INFLATION • The Consumer Price Index (CPI) rose 0.4% month-over-month and 6.0% year-over-year on a seasonally adjusted basis through February, according to the Bureau of Labor Statistics’ March 14th release. Both the monthly and annual measures decelerated from...
Maryland Graduate Housing Sold

Maryland Graduate Housing Sold

MARCH 2023, SALISBURY, MD – Henry Hanna, CCIM, SIOR and Flo Brotzman, Senior Advisors with SVN Miller Commercial Real Estate have sold 10800 Clipper Circle, Princess Anne, MD. A local development group purchased the property with intentions of collaborating on a...
Economic Update – March 3, 2023

Economic Update – March 3, 2023

1. HOMEBUILDING SENTIMENT RISES • According to the latest data from the National Association of Home Builders (NAHB), homebuilding confidence is on the rise. The NAHB/Wells Fargo Housing Market Index (HMI) rose seven index points to a level of 42, its highest reading...