Real Estate Weekly Outlook
Perhaps the busiest remaining week of 2019 appropriately ended with some fireworks with the major US equity indexes ending at new all-time record highs. The stars aligned for a seemingly endless flurry of economic data and earnings reports that included the monthly job report, the first look at third-quarter GDP, more than 140 S&P 500 earnings results, and the critical Federal Reserve rate decision. Overall, economic data this week indicated that the US economy is on better-footing than once thought, a continuation of the “Goldilocks” conditions of slow but steady economic