RREEF Report on Commodity Prices and Impact on Real Estate

RREEF Research has issued two reports this month. The first report covers commodity prices, and the impact on trade, housing, and other real estate impacts. Some of the items related to trade which are noted in the report include:

• Pacific Northwest ports (i.e. Seattle, Portland, Vancouver) to benefit as the shipping distance is shorter than that to California
• Rail to benefit; air cargo volume to decrease

On real estate, the report noted a trend towards smaller homes, closer to employment centers. On the hotel front, commodity prices will likely result in a 10% cut in domestic seats, thereby reducing demand for hotels. This comes on top of the increasing energy costs hotels face.

The full report is available for download here.

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