US CRE market trends - Inflation, retail data and sentiment shifts

In this week’s episode of CRE Exchange, our hosts, Omar Eltorai and Cole Perry, discuss the latest macroeconomic releases, such as the Producer Price Index, Consumer Price Index and business formations. They also break down earnings reports from Walmart and Home Depot, offering insights into consumer behavior and market sentiment. Additionally, they share a sneak peek into the results of our Q3 CRE Industry Conditions and Sentiment Survey and what to watch in the coming weeks between upcoming earnings calls and economic data releases.

Key Takeaways:

(00:56) Macro Releases: PPI and CPI insights

(04:29) Business Formations and Advance Retail Sales

(08:23) New Residential Construction Data

(10:00) Consumer Sentiment and GDP Forecast

(12:53) Retailer Earnings: Home Depot and Walmart

(21:37) Preview of Q3 CRE Industry Conditions and Sentiment Survey results

(27:25) Five themes playing out in commercial real estate

(29:13) Why things are “choppy” right now in commercial real estate

(37:46) Announcements and what to watch out for in the coming weeks

Resources Mentioned:

Omar Eltorai -

https://www.linkedin.com/in/omareltorai/

Cole Perry -

https://www.linkedin.com/in/coleperry1/

PPI -

https://www.bls.gov/news.release/pdf/ppi.pdf

CPI -

https://www.bls.gov/cpi/

Business Formations -

https://www.census.gov/econ/bfs/current/index.html

Advance Monthly Retail Sales -

https://www.census.gov/economic-indicators/

New Residential Construction -

https://www.census.gov/construction/nrc/index.html

Walmart earnings call -

https://corporate.walmart.com/news/events/fy2025-q2-earnings-release

Home Depot earnings call -

https://event.choruscall.com/mediaframe/webcast.html?webcastid=iqykKpRM

Thanks for listening to the CRE Exchange podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.

#CRE #CommercialRealEstate #Property