U.S. Offices Hit New Vacancy Record

Moody's Analytics found an uptick in vacant office space in 4Q 2023 due to shifting work habits, overbuilding and lingering effects of the pandemic, the Wall Street Journal reported. 

Fed Official Sees Slowing Inflation

Christopher Waller, an influential member of the Fed's Board of Governors, said he’s feeling confident the economy is moving in a positive direction.

Inflation Data Keeps Low Rate Hopes Alive

The much-anticipated Consumer Price Index (CPI) was released this week. For those seeking evidence that inflation will soon be back at the Fed's target level, it wasn't the triumph it might have been. Even so, rates managed to move lower. Mortgage rates and, indeed, most rates are determined by

Most Homes for Sale in 2023 Not Affordable

Redfin found the average U.S. household could not afford many of the homes for sale in 2023. The problem stems partly from the housing shortage.