Salient to Investors: Miller Samuel and Douglas Elliman Real Estate said: The median monthly rent in Manhattan fell 2.8 percent in February from a year earlier for the sixth straight decline, and the vacancy rate rose to 1.87 percent. Landlords offered concessions on 9 percent of all new Manhattan
READ MORE... →Salient to Investors: Jonathan Gray at Blackstone said: The institutional buying wave has passed and Blackstone’s acquisition pace has declined 70 percent from its peak last year Blackstone has narrowed most of its purchasing to Seattle, Atlanta, Miami, Orlando and Tampa. Institutional buyers are tapering their buying and are
READ MORE... →Salient to Investors: Sam Stovall at S&P Capital IQ said there have been a limited number of 6-year bull markets and if this market becomes a six-year bull market and performs similar to the others it would rise 26% to beyond 2340. Read the full article at http://www.businessinsider.com/bull-market-birthday-2014-3?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Markets%20Chart%20Of%20The%20Day&utm_campaign=Moneygame_COTD_030614 Click hereto receive
READ MORE... →Salient to Investors: Inflows into real estate ETFs in 2014 are 43 percent more than all of 2013. Bloomberg said in 2014, 31 percent of money going into US sector-focused ETFs was for real estate. Jim Sullivan at Green Street Advisors said the bond market correctly indicates an OK environment
READ MORE... →Salient to Investors: Credit Suisse said: Chinese buyers are pouring into the Australian residential market every year, pricing out a generation of Australians from the housing market, with many facing a lifetime of renting. Over the past 5 years, Sydney prices have risen by 45% and Melbourne by more
READ MORE... →Salient to Investors: Bill Gross at Pimco said: If central banks can convince investors that their policies can reproduce the old normal economy, then risk assets will have higher future returns and outperform cash, trickling down to respectable growth rates and lower global unemployment. Central banks must shift to qualitative
READ MORE... →Salient to Investors: Quincy Krosby at Prudential Financial is seeing momentum traders come in, while mixed US economic numbers and concerns about slowdown elsewhere have boosted demand for a safe-haven asset. Goldman Sachs in February reiterated gold will fall to $1,050 by year-end, Westpac Banking predicts $1,011 in December. UBS
READ MORE... →Salient to Investors: Yao Wei at Societe Generale said it will be very challenging to achieve everything promised in Li’s work report and that something has to give in speeding up reform, fighting pollution, managing debt risk, keeping the same growth target. Dong Tao at Credit Suisse said it would
READ MORE... →Salient to Investors: Australia’s Q4 GDP exceeded the median economist estimate. Paul Bloxham at HSBC said the rebalancing act is under way, and a great comfort for the RBA – rate cuts are off the table and interest rates may have to rise before year-end. Katrina Ell at Moody’s Analytics said
READ MORE... →Salient to Investors: Home prices are rising faster than incomes in much of the US. Thomas Lawler at Lawler Economic & Housing Consulting said the decline of first-time homebuyers, hurt by rising prices and tougher credit standards threatens to widen the wealth gap between owners and renters. Lawler said potential
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