What the US’ Return to the Paris Climate Accord Means to CRE

President Biden recently signed an Executive Order to put the US back in the Paris climate accord. Kurt Stout, executive vice president, Government Solutions at Colliers International, says the US’s renewed focus on combating greenhouse emissions could affect...

Interest Rates, Job Growth | Economic Update

Interest Rates The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. A steep sloping yield curve is considered a market predictor of positive future economic...

Economic Update | December 30, 2020

New Economic Stimulus Agreement  Congress agreed to a $900B economic relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional...

Economic Update | December 18, 2020

Unemployment  The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...