Commercial Real Estate prices declined in April, Up Solidly YoY

Friday: • At 8:30 AM ET, the Producer Price Index for May from the BLS. The consensus is for a 0.4% increase in prices, and a 0.1% increase in core PPI. • At 10:00 AM, University of Michigan's Consumer sentiment index (preliminary for June). The consensus is for a reading of 91.2, up from 90.7 in May. Here is a price index for commercial real estate that I follow.  From CoStar: Commercial Real Estate Price Growth Moderated In April Following First Quarter Surge COMPOSITE PRICE INDICES LEVEL OFF IN APRIL. Following strong gains of more than 5% in the first quarter of 2015, composite......(read more)

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