The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ The consumer price index (CPI) rose by 0.2% month-over-
month and 3.0% year-over-year through June, according to
the latest numbers from the Bureau of Labor Statistics. June’s
monthly pace was a slightly uptick from May, but inflation
continued to trend down on an annual basis.
○ Shelter remains the largest contributor to month-over-month
price increases, accounting for roughly 70% of the increase.
Food prices rose 0.1% in June, 10 basis points below the
previous month’s rate—this was mostly driven by the ‘food
away from home’ index, which rose 0.4% in June, while food
at home saw no change. Energy prices rose 0.6% in June but
have fallen -16.7% over the past 12 months.
○ Excluding food and energy, core inflation also rose 0.2% in
June, but was the smallest 1-month increase in core prices
since the summer of 2021. Since core-inflation is more
consequential in central bank policy making, the core-CPI’s
two-year low represents a significant milestone.
Inflation
21. www.SVN.com
Events
& Webinars
TUESDAY
JULY 18
Property Management Product
Council Meeting
1:00 PM ET | 10:00 AM PT
WEDNESDAY
JULY 19
Economic Selling Webinar with
Dr. Joshua Harris
1:00 PM ET | 10:00 AM PT
THURSDAY
JULY 20
Occupier Services Product
Council Meeting
1:00 PM ET | 10:00 AM PT
Date: July 17-21, 2023
23. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and
your advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.