Economic Update | March 13, 2025 | SVN Research

Economic Update | March 13, 2025 | SVN Research

CPI INFLATION The Consumer Price Index (CPI) rose 2% in February and 2.8% year-over-year, cooling more than expected and potentially providing some relief to markets and policymakers on guard about price pressures. Core-CPI, which removes the more volatile food and...

Economic Update | January 30, 2025 | SVN Research

Economic Update | January 30, 2025 | SVN Research

1. INTEREST RATE DECISION The Federal Reserve held rates unchanged at 4.25-4.50% at its January meeting, on par with market expectations. Solid labor market performance and somewhat elevated inflation kept officials neutral as they continued to assess the impact of...

$6.5 million sale secures future multifamily development

$6.5 million sale secures future multifamily development

Sarasota, Fla. - A 7.64-acre property fronting University Parkway near Whitfield Avenue has sold for $6.5 million. The deal paves the way for a future multifamily development containing 210 units. Managing the transaction was Mike Migone, CCIM, Senior Investment...