To date the 2019 Palm Beach residential real estate market has been influenced by multiple factors:
• While “crosscurrents” such as trade tensions and global growth concerns moderated second quarter growth, Federal Reserve Chairman, Powell, indicated the central bank’s baseline outlook for growth “remain(s) solid,” and he recently reiterated the commitment to “act as appropriate” in order to sustain the now record long US economic expansion (J. Powell Testimony).
