Global real estate consultant CBRE expects Tokyo Grade A office rents to peak in Q3 2017 before entering a period of gradual correction.
According to CoreLogic, cash home sales in the U.S. accounted for 31.8 percent of total home sales in October 2016, down 2.7 percentage points year over year from October 2015.
According to the National Association of Realtors, pending home sales picked up in December 2016 as solid increases in the South and West offset weakening activity in the Northeast and Midwest.
The National Association of Realtors Chief Economist Lawrence Yun issued the following statement in reaction to this past Friday's U.S. Department of Commerce report on Gross Domestic Product (GDP) in the fourth quarter of 2016:
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. rose 12.2 percent annually in 2016 to 563,000 units, the highest yearly gain since 2007.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year and 15-year fixed mortgage rates rising for the first time in 2017.
This week Freddie Mac announced the top ten lenders who transacted the most multifamily financing volume with the company in 2016. Through these and other lenders, Freddie Mac Multifamily settled a record $56.8 billion in new multifamily volume last year.
Global property consultant Cushman & Wakefield announced this week that the U.S. industrial market nationwide absorbed 63.6 million square feet (MSF) of space in the fourth quarter of 2016.
U.S. mortgage applications increased 4.0 percent from one week earlier. This week's results included an adjustment for the MLK Day holiday. The Market Composite Index increased 4.0 percent on a seasonally adjusted basis from one week earlier.
According to STR and Tourism Economics' first forecast of 2017, the U.S. hotel industry is projected to see slower but steady growth through 2018.
According to the Miami Association of Realtors, Miami single-family home prices have risen for more than five consecutive years and existing condo prices have appreciated in 65 of the last 67 months.
According to JLL's new 2017 Data Center Outlook, the public's obsession with online video binge-watching is just one of the factors helping the data center industry flourish worldwide.
According to the National Association of Realtors, existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels.
China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.
According to JLL in its Macau Year-end Property Review 2016, the Macau property market fell to its bottom in 1H16 but rebounded a bit in 2H16 with the launch of several new residential projects.
The National Association of Home Builders is reporting this week that U.S. builder confidence in the market for newly-built single-family homes remained on firm ground in January 2017.
U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.
According to the CoreLogic's newly released Windy City Index, an annual analysis of top wind-related natural hazard events, Kennedy Space Center, FL had the highest estimated wind speed in 2016 at 101 mph on October 6 during Hurricane Matthew.
Hotel consulting firm STR is reporting that their Baird/STR Hotel Stock Index increased 7.1 percent from November to December 2016, and closed the year up 19.6 percent at 3,702.
U.S. foreclosure filings were down 14 percent from 2015 to the lowest level since 2006, when there were 717,522 U.S. properties with foreclosure filings.