What I'm Reading Sellers Market: A new Reuters poll of property analysts suggests that US house prices would rise 10.3% this year. That was an upgrade from 8.0% in the December poll, suggesting underlying demand for housing is still strong and housing supply is still tight. Reuters Hitting the Wall:...
April 29th – Liftoff
What I'm Reading Liftoff: Apartment List's national rent survey for May showed its largest monthly jump going back to 2017 as coastal markets rebound and midsized markets that soared in 2020 show few signs of slowing down. This further backs up the story we posted yesterday about OAR picking up. ...
March 3rd – Short Term Bet
What I'm Reading Short Term Bet: As thousands of retail leases come up for renewal, their duration is increasingly shrinking, as businesses grapple with an unpredictable future and look for ways to slash costs, stay flexible and maintain leverage over their landlords, even after the health crisis abates. If the...