Despite steady completions, multifamily rents spiked 15.5% for the 12 months ending March 31, 2022. Clearly, more housing supply is needed. But how much?
Persistent Inflation Could Send Cap Rates Higher, Negating Any Rent Growth Benefit
Higher inflation could be a boon to properties with near-term lease expirations, resulting in higher-than-expected nominal rent growth. However, stronger rent growth will not necessarily translate into better investment performance.
Tourists Matter More Than 'Clicks' for Retail Performance in Many Markets
CBRE EA’s market analysis shows that a one percentage point increase in e-commerce sales has only a slightly negative impact on 5-year brick-and-mortar rent growth.