The Real Estate News Brief: Fed’s Favorite Inflation Report, Hurricane Helene Property Damage, Worldwide Climate Change Risk
Description
In this Real Estate News Brief for the week ending September 28th, 2024... the Fed’s favorite inflation report for August, property damage estimates for Hurricane Helene, and how climate change could impact worldwide property values.
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References:
1 - https://www.cnbc.com/2024/09/27/pce-inflation-august-2024.html
2 - https://www.globest.com/2024/09/25/fed-officials-hint-at-more-aggressive-rate-cuts-in-coming-months/
3 - https://www.marketwatch.com/story/jobless-claims-sink-to-4-month-low-businesses-arent-hiring-or-firing-many-people-8c970b2d?mod=home-page
4 - https://www.marketwatch.com/story/new-home-sales-fall-4-7-in-august-e39290ee?mod=mw_latestnews
5 - https://www.marketwatch.com/story/pending-home-sales-inch-up-in-august-on-slight-improvement-in-housing-affordability-11b8c4ae?mod=mw_latestnews
6 - https://www.freddiemac.com/pmms
7 -
https://www.businessinsider.com/florida-home-insurance-prices-premium-effect-from-hurricanes-2024-9
https://www.reinsurancene.ws/moodys-puts-total-property-damage-from-hurricane-helene-at-15-26bn/
9 - https://www.bisnow.com/national/news/sustainability-climate/report-climate-change-may-pose-over-500b-risk-for-reits-by-2050-126045
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