Real Estate Weekly Outlook
The holiday season continues to be a quite merry one for investors, a far more relaxing one for asset managers following last year's extreme volatility during the Christmas season. US equity markets notched a fifth straight week of records, climbing for the 11th week out of the past 12. While economic data and news flow were fairly sparse on the holiday-shortened week, the early returns on holiday spending were strong as retail sales rose 3.4% from November 1 through December 24th according to Mastercard SpendingPulse data, led by an 18.8% jump