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Divergent Residential Construction May Provide Greater Balance Longer Term
Single-family accounts for a growing share of development. Multifamily and single-family construction trends are moving in opposite...
Jason Tuvia
Apr 26, 20242 min read

Normalizing Rent Growth Points to Future Cooling in Core Inflation
Inflation Continues to Show Varied Trends The headline consumer price index (CPI) showed a slight uptick in July, rising by 3.2 percent...
Jason Tuvia
Aug 14, 20233 min read


GDP Reaffirms Resilience in the Economy, Boosts Prospects of a Soft Landing
Understanding the ever-changing economic landscape is crucial for both individuals and businesses. In this blog post, we delve into...
Jason Tuvia
Aug 1, 20233 min read


Core Inflation Cooling but Still High, Supporting Likely Fed Rate Hike
As we navigate the ever-changing economic landscape, understanding key indicators like inflation and housing dynamics becomes crucial. In...
Jason Tuvia
Jul 14, 20232 min read

Tuvia Multifamily Memo - March 2023
Los Angeles Multifamily Market Update March 2023 By: Jason Tuvia Where are Interest Rates Now for LA Multifamily? Many lenders have...
Jason Tuvia
Mar 9, 20234 min read

Ongoing Job Growth Reflects Economy’s Resilience, but Portends Fed Response
Hiring continues, but signs of slowdown emerging. The labor market welcomed 263,000 new jobs in September, above the long-term monthly...
Jason Tuvia
Oct 7, 20222 min read


Development Slowdown a Step Backward in Resolving Housing Shortages
Home purchases and prices stay on the descent. In the wake of the Federal Reserve’s fifth interest rate hike so far this year, borrowing...
Jason Tuvia
Oct 6, 20222 min read

Home Listings Notch 20-Month High, yet Remain Just Half of the Long-Term Average
Rates resume climb, further cooling the market. After briefly dipping below 5 percent in early August, the average 30-year fixed-rate...
Jason Tuvia
Sep 7, 20221 min read


Rental Demand Cools Off After a Record-Breaking Stretch, but Housing Market Dynamics Indicate Longer
After national vacancy plunged to a historic-low in 2021, the rate trended up in the first half of 2022 as inflationary impacts and broad...
Jason Tuvia
Aug 30, 20223 min read

Multiple Real Estate Sectors Poised to Benefit from July’s Inflation Slowdown
Inflation trend may be turning corner. The headline Consumer Price Index in July was up 8.5 percent compared to a year prior, a...
Jason Tuvia
Aug 12, 20222 min read

Job Creation Jumps in July, Bolstering Economy Against Other Headwinds
Hiring accelerates in July, underscoring labor market strength. Concerns over the economy’s trajectory, following the reporting of GDP...
Jason Tuvia
Aug 8, 20222 min read

Living Cost Sensitivity and Slower Household Creation Modify Demand Flows
Sequence of rate hikes decay housing affordability. In late July, the Federal Reserve again lifted the overnight rate by 75 basis points...
Jason Tuvia
Aug 2, 20222 min read

Recession Call Elusive as GDP Declines Against Strong Labor, Property Markets
GDP contracts, but other economic indicators in the green. Real gross domestic product declined at an annualized rate of 0.9 percent in...
Jason Tuvia
Jul 28, 20222 min read


Inflation Accelerated in June, but Forward Indicators Suggest Relief Ahead
High inflation persists, but pressure may ease. The Consumer Price Index advanced 9.1 percent year-over-year in June, its fastest pace...
Jason Tuvia
Jul 19, 20222 min read

Yield Curve Inversion Reignites Recession Fears, but Many Indicators Refute Risk
Possible recession predictor lit up this month. In early July, the spread between the two-year and 10-year treasuries inverted, with the...
Jason Tuvia
Jul 15, 20222 min read


Strategies for Greening Your Building
Reduce Costs and Increase Tenant Satisfaction with Energy-Efficient Upgrades to Your Building Greening a building is not just a matter of...
Jason Tuvia
Jul 11, 20224 min read

Hiring Continues in High Gear with Implications for Real Estate, Fed Policy
Job growth continues at consistent, above-average pace. Employers added 372,000 personnel to payrolls in June, bringing the total job...
Jason Tuvia
Jul 8, 20221 min read


Early Signs of Housing Price Recalibration as Higher Interest Rates Stunt Affordability
Prospective buyers deterred by decade-high mortgage rates. The Fed increased its overnight rate for a third time this year in mid-June to...
Jason Tuvia
Jun 29, 20222 min read

Fed Increasingly Aggressive in Effort to Curb Inflation; Rising Interest Rates Form Headwind for CRE
The Fed’s 75-basis-point hike in the federal funds rate underscores the central bank’s ardent goal to stabilize rapidly climbing prices,...
Jason Tuvia
Jun 16, 20224 min read

Employment Gains Echo Economic Stamina As Higher Interest Rates Add Hurdles
Job growth overcomes inflation concerns. Total employment increased by 390,000 personnel in May, consistent with April hiring, while the...
Jason Tuvia
Jun 3, 20222 min read
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