COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

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.

Interest rate futures had a mostly muted reaction to the jobs data, with the previous week of market-moving news proving more impactful.

Utah (11.6%), Alaska (10.2%), and Iowa (10.1%) maintain the highest proportion of U35 homeowners as a share of all households in the nation.