Bay Area
Existing Home Sales Drop 8.4% to 3.91MM in January as Mortgage Rates Hover Near 6.1%
Wells Fargo Economics says weather disruptions and lingering affordability pressures restrained early-year activity Housing market momentum cooled to start the year, as a...
U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
December Retail Sales Stall at 0% as Holiday Gains Reach 3.6%
Control group sales slip 0.1 percent in December, but economists maintain outlook for sustained consumer spending into 2026 As retailers closed the books...
Small Business Optimism Slips in January as Hiring Plans Ease, Sales Outlook Hits 2025 High
Wells Fargo Economics says labor market remains in “a state of malaise” despite firmer revenue expectations Business sentiment often shifts before hard economic...
Data Center Sales Push U.S. CRE Transactions to Highest Level Since 2022
Wells Fargo Economics points to falling rates and a single outsized deal as key drivers behind a $186B fourth-quarter rebound After two years...
Los Angeles Metro Affordable Housing Construction Rises 80% in Five Years
Region delivers 9,406 income-restricted units across Los Angeles and Orange County as south LA sees major development The Los Angeles metro area completed...
U.S. Coworking Reaches 159MM SQFT in Q4 2025 as Growth Concentrates in Core Markets
Coworking expands by scale rather than sprawl, with California and coastal metros anchoring demand Office tenants are still adjusting to hybrid work, but...
California Unemployment Holds at 5.5% in December as Job Losses Mark First Annual Decline Since 2021
Employers shed 1,700 positions while healthcare and government hiring offsets construction weakness As California heads into 2026, the state’s labor market is showing...
U.S. Home Prices Rise 0.4% in November as Regional Gaps Continue to Widen
Wells Fargo Economics points to modest but durable appreciation amid supply limits and affordability pressure After a period of cooling that stretched through...
Southern California Multifamily Market Shows Resilience Amid National Slowdown
Region Outpaces National Rent Declines While Grappling With Supply-Demand Imbalance Southern California’s multifamily market demonstrated relative stability in the fourth quarter of 2025,...
January Hiring Seen at 80,000 as Labor Market Shows Signs of Gradual Cooling
Wells Fargo Economics expects steady unemployment, softer wage pressure, and downward revisions to 2025 job growth After several years in which the labor...
