Bay Area
Hankey Investment & Barker Pacific Acquire 326,000 SQFT Sunset Media Center in Hollywood for $61MM as Kilroy Continues Asset Sales
Joint venture partners pay roughly $187 per square foot for 325,995-square-foot Sunset Media Center at 51 percent occupancy Joint venture partners Hankey Investment...
California’s Population Growth Slows to 0.05% as Migration Patterns Shift
State adds 19,200 residents in fiscal year 2024-25, marking third consecutive year of growth following pandemic declines California’s population inched upward by approximately...
U.S. Existing Home Sales Edge Up 0.5 percent in November to 4.13MM Units
Third consecutive monthly gain reflects lower mortgage rates and improved supply conditions The housing market’s gradual recovery continues as buyers respond to more...
Small Business Optimism Rises to 99 in November as Sales Expectations Strengthen
NFIB survey shows stronger holiday sales outlook and higher hiring plans, even as price increases and uncertainty remain elevated Small business owners are...
U.S. Job Openings Rise to 7.67MM While Worker Confidence Slips
September JOLTS shows 1.01 openings-to-unemployed ratio as October quits fall to 1.8 percent The U.S. labor market is sending conflicting signals about its...
November Inflation Data Raises Questions Amid Government Shutdown Disruptions: CPI Falls to 2.7%
Data collection issues follow longest government shutdown, casting doubt on sharp slowdown to multi-year lows The latest consumer price data presents an unusual...
U.S. Rental Market Faces Extended Slowdown as Supply Glut and Demand Weakness Converge
John Burns Research forecasts no recovery until late 2026, with operators focusing on cost control and selective investments The rental housing sector is...
Consumer Spending Holds Steady Through October, But Warning Signs Emerge for Year-End
High-frequency data points to weakening momentum heading into year-end despite solid October performance American consumer spending demonstrated underlying resilience in October even as...
Construction Labor Costs Rise 3.8% Despite Broader Economic Cooling
Employment Cost Index shows construction bucking trend of moderating wage growth in Q3 The construction industry is charting its own course in the...
Inflation Expected to Hold Near 3% Through Mid-2026 as Government Shutdown Disrupts October Data Collection
Wells Fargo projects two-month core CPI rise of 0.48 percent between September and November The October government shutdown has created an unusual gap...
Commercial Real Estate Market Gains Momentum as Property Prices Rise 4.2% Year Over Year
Federal Reserve rate cuts drive $1.9 billion reduction in distressed properties, transaction volumes jump 13.2 percent year-to-date The commercial real estate market is...
California Export Trade Contracts 2.4% as State’s National Share Drops to 8.4%
Computer and electronics surge 15.9 percent while most major categories decline in September data delayed by Federal shutdown California’s position as an export...
