Tag: inflation
Construction materials prices rise in October
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in October...
Multifamily starts forecast revised higher
Fannie Mae’s October housing forecast calls for more multifamily housing starts in 2024 and 2025 than did last month’s forecast. The current forecast is...
Multifamily starts forecast revised lower
Fannie Mae’s September housing forecast calls for fewer multifamily housing starts in 2024 and 2025 than in last month’s forecast. The downward revision follows...
Fed delivers large interest rate cut
Federal Open Market Committee (FOMC) met this week and, in an unusual pre-election move, decided to lower their target interest rate by 0.5 percentage...
Why housing costs remain a major hurdle for lowering inflation
Housing inflation continues to be a stubborn impediment to the consumer price index (CPI) falling back to the Federal Reserve’s target. Despite broader economic inflation...
Outlook for multifamily starts brightens
Fannie Mae’s August housing forecast calls for a higher level of multifamily housing starts in 2024 than predicted in last month’s forecast. This is...
Higher growth for multifamily starts predicted
Fannie Mae’s July housing forecast calls for higher levels of multifamily housing starts in 2024 and 2025 than in their two most recent past...
Multifamily starts predicted to pick up in 2025
Fannie Mae’s May economic forecast calls for multifamily housing starts to reach their low point in Q2 2024 and then to rise, if unevenly,...
Fed foresees only one rate cut in 2024
Federal Open Market Committee (FOMC) met this week and decided to keep interest rates unchanged. The Fed forecast that interest rates will end 2024 higher...
Forecast: multifamily starts lower as interest rates to remain high
Fannie Mae’s May economic forecast calls for multifamily housing starts to decline through the end of 2024 before slowly recovering in 2025 despite persistently...
Fannie Mae sees lower multifamily starts as inflation persists
Fannie Mae’s April economic forecast calls for multifamily housing starts to decline modestly through the end of 2025. Single-family housing starts are expected to...
Construction materials prices reported lower in March
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were down 0.1 percent month-over-month in...
Fed raises rate forecast for 2025
Federal Open Market Committee (FOMC) met this week and decided to keep the Fed Funds rate unchanged. However, the Federal Reserve’s updated forecasts for...
Fannie Mae lowers housing starts forecasts on higher interest rates
Fannie Mae’s March economic forecast calls for multifamily housing starts to decline modestly through the end of 2025. Single-family housing starts are expected to...
Lumber prices lead construction materials prices higher in February
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.3 percent month-over-month in...
