In this week’s roundup, Arbor Realty Trust’s Chatter blog provides exclusive, original research analyzing Apple Maps data. Our study with Chandan Economics looks at personal mobility in different cities to evaluate economic recovery from the COVID-19 pandemic. A separate article in the Chatter blog reviews the impacts of U.S. presidential elections on the market and economy. RealPage examines National Multifamily Housing Council data in assessing rent payments and occupancy in the current recession. Fannie Mae explains why it projects an upgraded forecast for the U.S. economy. Finally, CoreLogic releases its Single-Family Rent Index, which provides insights into SFR rent price changes nationally and across 80 metros.
COVID-19 Urban Recovery: Walking, Driving and Taking Mass Transit
Arbor Chatter – September 16, 2020
“Data for personal mobility, while not a perfect proxy for economic activity, provide a gauge of COVID-19 urban recovery.”
Returns Fall and Volatility Rises Near U.S. Presidential Elections
Arbor Chatter – September 17, 2020
“This article attempts to quantify the observable market effects of the U.S. presidential elections throughout recent history.”
Apartment Rent Payments Follow a Normal Pattern for Recession
RealPage – September 16, 2020
“While there’s a little deterioration in rent payments from typical levels, the shortfall continues to be small viewed relative to the number of households suffering income interruptions.”
2020 U.S. Economic Forecast Upgraded Despite Heightened Risks
Fannie Mae – September 15, 2020
“The upgrade was attributed to continued strength in consumer spending – and data suggesting that such spending is likely to support economic growth through the remainder of the year.”
U.S. Single-Family Rent Price Growth Stabilizes for the First Time Since the Pandemic
CoreLogic – September 15, 2020
“Rent price increase in lower-priced rentals far exceed other price levels.”