For Real Estate, the implications are straightforward but not so simple. Lower short-term rates should ease some financing pressure, support pricing on new debt and, over time, help unfreeze stalled commercial trades and reluctant home sellers. Many owners and investors are watching the 5- and 10-year Bond curves more closely than the Fed funds rate, arguing that transaction volumes will only meaningfully rebound if longer-term borrowing costs come down further. full story
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