Economic Update – December 22, 2023

Economic Update – December 22, 2023

1. 2024 US MULTIFAMILY OUTLOOK • According to a recent forecast by Yardi Matrix, the US multifamily sector faces a mixed outlook in 2024. While apartments have performed relatively healthily during the Fed’s ongoing tightening cycle, sector valuations will face...
Economic Update – December 8, 2023

Economic Update – December 8, 2023

1. INFLATION AND FALLING ENERGY PRICES • The latest PCE price index rose in line with consensus expectations in October, but the divergence between the core and headline numbers reflects the disinflationary impact of falling energy prices in recent months. • According...
Robertson Promoted to Maintenance Supervisor

Robertson Promoted to Maintenance Supervisor

NOVEMBER 2023, SALISBURY, MD – Tim Robertson, Maintenance Technician with SVN | Miller Commercial Real Estate, has been promoted to Maintenance Supervisor. This promotion comes in recognition of Tim’s outstanding dedication and contributions to the company over...
Economic Update – November 24, 2023

Economic Update – November 24, 2023

1. CPI INFLATION • The Consumer Price Index (CPI) fell to 3.2% year-over-year in October, 50 basis points below the September reading, and follows two consecutive increases in annual CPI. • Monthly CPI was flat, marking the first time the economy has experienced no...