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Coronavirus Pandemic Will Be Uncomfortable, Not Catastrophic

Coronavirus Pandemic Will Be Uncomfortable, Not Catastrophic

The outbreak of COVID-19 will certainly be a decrease in real estate demand drivers, but there will be some great buying opportunities. The coronavirus pandemic has substantially disrupted the global economy in weeks, and there is a wave of uncertainty taking over the...
CoStar Economy: Trade Deals Bring Relief, for Now

CoStar Economy: Trade Deals Bring Relief, for Now

Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” – New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global...
CoStar Economy: Trade War Looms Over Fed Deliberations

CoStar Economy: Trade War Looms Over Fed Deliberations

“Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business...