COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

On-time rental payments in units operated by independent landlords continued their recent trend line of improvement in April.

The average futures market outlook for the year-end 2025 federal funds remained at a total of three rate cuts by December, but the better-than-expected inflation data caused the probability to increase.

This is the second consecutive year that WFH rentals have dipped, following the peak of 5.0 million households in 2021.