Friday, February 21, 2025

Tag: inflation

Multifamily starts projected lower than in last month’s forecast

As in last month’s forecast, Fannie Mae’s January housing forecast calls for multifamily housing starts to bottom out in mid-2025 and then to steadily...

Construction materials prices move modestly higher

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.2 percent month-over-month in December...
housing forecast economic forecast

Multifamily starts forecast to rise starting in late 2025

Fannie Mae’s December housing forecast calls for multifamily housing starts to bottom out in mid-2025 and then to steadily increase through the rest of...
economic projections for fed funds interest rates

Fed backs off plans for interest rate cuts

The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they will be keeping interest rates higher...

Construction materials prices up again in November

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 November...
multifamily housing starts

Multifamily starts forecast to rise throughout 2025 and 2026

Fannie Mae’s November housing forecast calls for multifamily housing starts to bottom out at the end of 2024 and then to steadily increase through...
construction material prices for copper wire

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...
construction start

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...

Inflation is the most destructive disease known to modern societies —Milton Friedman

Here’s how. 1 Shoe leather The resources and energy people use to convert deteriorating currency into stable assets are costly. Economists call this shoe leather costs,...
Fannie Mae forecast for the economy and housing

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...
Despite broader economic inflation cooling significantly from pandemic peaks, the shelter inflation index has remained elevated, largely due to how the BLS calculates housing costs.

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...
housing starts

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...
forecast

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,...

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