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Hiring Beats Expectations, but Headwinds Restrain Momentum
Stronger than anticipated hiring in April, together with sizable upward revisions to the February and March employment figures, have alleviated concerns that sequestration will severely impair the employment market.
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March Retail Spending Dips, but Look for a Rebound
Restrained discretionary spending likely induced by increased payroll taxes generated weaker than expected retail sales performance in March; a sharp drop off from the solid numbers posted in the prior two months.
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Caution, Uncertainty Mute Recovery
CALABASAS, CA-'Although hiring has been limited in recent months, new rental households continue to form at a healthy pace,' reports the latest Marcus & Millichap research brief.
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Break in EU Clouds Welcome News, But Volatility Far from Over
Now more than ever, a market-by-market, property-by-property CRE investment strategy and long-term faith in the U.S. economy remain essential.
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The Great Balancing Act
Investors would be wise to factor in short-term risks while leveraging a positive long-term outlook.
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Commercial Real Estate Recovery on Track
While the apartment sector remains in the lead, other asset classes continue to improve.
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Tragedy in Japan Adds Another Layer of Risk
Nationwide, the CRE investment recovery is still on track.
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Global Unrest Unlikely to Prompt QE3
Current stance still supports a CRE investment recovery.
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Spiking Energy Prices Could Threaten Recovery
Long-term CRE prospects remain favorable but a short-term recovery may lose some steam.
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Badly Needed CMBS Issuance Inching Back
Debt availability continues to improve across the lending spectrum but caution still rules.
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About Marcus & Millichap Real Estate Investment Services
Since 1971, Marcus & Millichap Real Estate Investment Services has been the premier provider of investment real estate services. Through the depth of its local market knowledge, the firm has established itself as a leading investment real estate company with more than 1,200 agents nationwide. The firm recently formed Institutional Property Advisors (IPA), a multifamily brokerage division serving the unique needs of major private and institutional investors.
























