AERC 2026

Despite Tumbling Rates, US Home Price Acceleration Slowed In January US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices). After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)... Source: Bloomberg This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023. "Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...

China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’” The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...

Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, has commented on US Secretary of War Pete Hegseth invoking God and reading scripture during his press briefings on the US and Israeli war against Iran. During one briefing last week, Hegseth read from Psalm 144. “Blessed be the Lord, my rock, who trains my hands for […]