Adam Neumann, former founder and CEO of WeWork has a new residential real estate startup called Flow, and it has some serious venture capital (VC) behind it. In their largest…
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Newsletter:
Chinese real estate sector in trouble
Reporting last week shows that although still elevated, inflation has decelerated compared to previous months. Martha C. White of CNN Business reports that consumer prices increased by 8.5% in July,…
Why interest rates are falling despite Fed raises
According to new data from multiple outlets, rents continue to rise although appear to be moderating. Yardi Matrix released its June 2022 National Multifamily Report, showing that average asking rents…
Opendoor pays $62 million to settle deception claims
John Gittelsohn of Bloomberg reports on the moderation of apartment deals in the real estate market, primarily caused by rising rates and worries about economic headwinds from investors. In Q2…
Inflation surges to 9.1% in June 2022: How this affects housing
Flávia Furlan Nunes of Housing Wire starts us off this week with reporting on the new inflation data, which surged to 9.1% in June, the highest rate in 40 years.…
What 2022 lumber prices are telling us
Fergal McAlinden of CMP opens up the week by discussing the recent price decline of lumber. In April 2021, the cost per thousand board feet hit almost $1,200, which was…
The great rent deceleration begins [2022]
Institutional money is still pouring into single-family rental (SFRs) homes as the fundamentals of this asset class continue to impress investors. According to a new report from JLL, SFR supply…
Housing inventory increasing in mid 2022
According to new reports, housing inventory is on the rise. Bill McBride of CalculatedRisk shows new 2022 housing completion data projecting an increase across all housing types due to a…
Highest interest rate increase since 1987
Flávia Furlan Nunes of Housing Wire starts off the week by outlining that it was only a year ago that the 30-year fixed rate was 2.93%. Last week, we saw…
