The National Association of REALTORS held the Mid-Year Legislative Meetings virtually this year. CARW leaders had traditionally traveled to Washington DC to attend legislative meetings and commercial conference sessions. Each year, we hear from NAR Chief Economist Lawrence Yun on the Commercial Economic Issues and Trends Forum – this year his comments were particularly timely. Check out the slide deck for information on:
- Q1 labor and spending statistics
- consumer retail spending
- unemployment filings
- recap of monetary and fiscal policy to mitigate coronavirus impacts
- federal reserve recap
- potential for inflation
- commodity pricing
- commercial property price index
- what’s happening to commercial prices and sales/leasing volume
- cap rates and vacancy rates
- SIOR commercial index
- construction projections
- commercial outlook related to GDP growth, job gains and pricing
- apartment market
- the future of malls and suburban office
Click HERE for more information.