Retail Sales in U.S. Increased Less Than Forecast in November
As forecasted, November’s retail sales did not meet the forecast. This is a slow down after the previous two months of consumer spending. The information did not sway the Federal Reserve’s plan to raise interest rates this week for the first time in a year.
Interest Rate Hike No Surprise and Will Be Easily Digested, Real Estate Pros Say
The Federal Reserve announced they would raise interest rates between 0.5 and 0.75%. Their decision was based off stronger labor markets, nearly 2.0% inflation and an optimism for the American economy. Commercial real estate insiders say this was long expected and will likely have very little impact on borrowing rates.
HNW CRE Investment Trends
Growing wealth inequality bodes well for the commercial real estate market. Commercial properties offer attractive investment opportunities for individuals with money. Learn more about this emerging commercial real estate trend by downloading the full PDF from nreionline.com.