Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.20 | +0.15 | +0.10 | +0.05 | +0.00 | -0.05 | -0.10 | -0.39 | -0.51 | -0.25 | -0.28 | -0.25 |
Real estate sentiment is bearish this month, driven primarily by the first annual decline in US home prices in 11 years, signaling a meaningful shift in market dynamics. This downturn reflects cooling demand amid higher mortgage rates and sustained economic uncertainty, weighing on buyer sentiment and pricing power. The broader housing market is adjusting after years of rapid appreciation, now facing weaker fundamentals.
How this mood is scored ▾
The National Association of Realtors reported the median existing-home price fell year over year for the first time since 1995 as inventories ballooned. The data confirmed the housing boom had turned, with implications for consumer spending and mortgage credit.
Blackstone Group has agreed to acquire Equity Office Properties Trust in a $36 billion deal, the largest leveraged buyout ever when including debt. The transaction, backed by major financial advisors and acquisition financing from Goldman Sachs and others, underscores the surge in private equity activity in commercial real estate. This move strengthens Blackstone's office portfolio and signals continued confidence in the U.S. real estate market amid high liquidity and favorable financing conditions.