Marcus & Millichap | The Investment Real Estate Research Blog
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Founded in 1971, Marcus & Millichap is a leading provider of commercial real estate investment sales, financing, research and advisory services. At Marcus & Millichap, our commitment is to help our clients create and preserve wealth by providing them with the best real estate investment sales, financing, research and advisory services available.
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I GROSS DOMESTIC PRODUCT SECOND QUARTER I Research Brief Economic Damage From Health Crisis Comes Into Focus I Economy suffers most in postwar period. Gross domestic product (GDP) declined by 32.9 percent in the second quarter as businesses were closed or forced into limited operation to prevent overwhelming the nation’s healthcare system. The ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I CONSUMER CONFIDENCE JULY 2020 I Research Brief Erratic Reopening Erodes Consumer Confidence I Stop-and-go economy reflected in consumer confidence. After surging as businesses reopened in June, the Consumer Confidence Index dipped in July as states reinstated some restrictions. The overall index is 92.6, down from 98.3 last month and 132.6 in February ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I RETAIL SALES JULY 2020 I Research Brief June Retail Sales Show Potential Shift In Consumer Spending I Reopening boosts consumption last month. Consumer spending posted impressive gains for a second consecutive month as states greenlighted a wider range of businesses to resume operations. Total retail sales advanced 7.5 percent last month, building ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I CANADA EMPLOYMENT JULY 2020 I Research Brief Gradual Easing of Restrictions Powers Initial Recovery in Employment I Roughly 40 percent of job losses recovered by June. The momentum generated in the labour market in May carried through to June with the creation of 952,900 jobs last month, bringing the unemployment rate down ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I EMPLOYMENT JULY 2020 I Research Brief Record Job Growth in June Precedes Infection Surge, Business Closures I Job growth increases as economic restoration continues. The labor market recovered further in June as unemployment fell 220 basis points to 11.1 percent and 4.8 million people returned to work, the largest monthly job gain on ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I CANADA EMPLOYMENT JUNE 2020 I Research Brief Unexpected Job Growth Recorded As Nation Begins Reopening I Canadians slowly return to work as restrictions are lifted. Employers added 290,000 jobs in May as the economy bounced back to life, though large challenges and a long road to recovery lie ahead. Economic shutdowns resulted ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I EMPLOYMENT JUNE 2020 I Research Brief Lifted Lockdowns and Fiscal Stimulus Support Employment Growth I Labor market rebounds as restrictions begin to ease. Employers added 2.5 million jobs in May to bring the unemployment rate down to 13.3 percent, indicating the worst of the economic fallout may be behind us. Economic shutdowns ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I HOUSING APRIL 2020 I Research Brief Buyers and Sellers Adapting to Changes In Home Buying as Site Tours Are Limited I Apartment owners benefit from retreating home sales. The sale of existing homes in March posted the largest month-over-month decline in more than four years, retreating 8.5 percent. Yet sales are up ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I CANADA EMPLOYMENT APRIL 2020 I Research Brief Fiscal Package Brings Aid to Workers And Businesses Impacted by COVID-19 I Global health crisis causes shock to labor market. Social-distancing measures and the closure of many businesses to stem the spread of COVID-19 have forced companies to temporarily lay off workers, contributing to 1.01 million ..read more
Marcus & Millichap | The Investment Real Estate Research Blog
4y ago
I IRS APRIL 2020 I Research Brief IRS Loosens Timelines for 1031-Exchange Buyers I Section 1031 of the Internal Revenue Code enables real estate investors to defer capital gains on income-producing property when those gains are used to acquire a like-kind investment. Colloquially, a 1031 exchange is the transaction in which an investment ..read more