The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in November, 2023 (virtually unchanged from October). The all items index was up 3.1% for the 12 months ending in November. Click here to read more.
Household Real Estate Asset Growth Continues in the Q3 2023
The NAHB’s Eye on Housing recently analyzed data from the Federal Reserve’s Z.1 Financial Accounts of the United States, which shows that in Q3 2023 household real estate assets grew for the second consecutive quarter. Click here to read more.
Apartment List’s Predictions for the 2024 Rental Market
Apartment List says the rental market has been on a rollercoaster in recent years, with abrupt swings in demand and supply, changing preferences, and shifts in where renters choose to call home. Click here to read more.
AAA Predicts Over 115 Million Traveling Over Christmas Season
The American Automobile Association (aka AAA) says that over 115 million people will be traveling this holiday season – up 2.2% from last year and the second highest year-end travel forecast since 2000. Click here to read more.
Is Industrial the Hidden ATM of Real Estate Investing?
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Shannon Robnett, who believes that Industrial is the hidden ATM of real estate investing. Click here to read more.
Real Personal Consumption Expenditures and Personal Income by State 2021-22
The U.S Bureau of Economic Analysis released official statistics of real state personal consumption expenditures (Real PCE) by state for 2021-2022. Click here to read more.
Flipping Activity Continues to Drop While Profits Continue to Rise
According to the latest U.S. Home Flipping Report from ATTOM, 72,543 single-family houses and condominiums were flipped in Q3, 2023 representing 7.2% of all home sales in the third quarter. Click here to read more.
Where Americans Shop for the Holidays
Infographic: Statista says after a year of high prices, high interest rates and economic uncertainty, American consumers would have been excused to cut back on their spending this Christmas season. However, that doesn’t seem to be the case. Click here to read more.
reiaSense – September 2023
Check out the September 2023 issue of reiaSENSE, National REIA’s monthly government affairs publication. Click here to download.
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