Sparked by steady job gains, record low mortgage rates and higher rents, the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first-time home buyers out of the market.
According to JLL, industrial lease deals in Ireland during Q3, 2017 totaled 407,904 sq. ft across 33 deals. This is a decrease of 42% in the quarter, and a 55% decrease compared to Q3 2016.
According to JLL's latest monthly Property Market Monitor released this past week, new office lettings in Central Hong Kong surged 47% month-over-month in September 2017.
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations in the U.S. will increase in 2017, ending the year at $515 billion, up 5 percent from the 2016 volumes.
Smaller and secondary U.S. markets are the leading property investment themes running through this year's study, with Seattle taking the top spot this year, thanks to its job opportunities, diverse economy and young, educated workforce.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. mortgage rate hit their highest marks since July 2017. The 10-year Treasury yield surged this week, jumping 12 basis points.
Sales of newly built, single-family homes in September 2017 rose 18.9 percent to a seasonally adjusted annual rate of 667,000 units from an upwardly revised August reading. This is the highest sales rate since October 2007.
Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.
Oman's GDP growth is expected to rise to 5.2% next year, aided by the introduction of natural gas production at the Khazzan gas field and the opening of the new airport in Muscat.
According to the California Association of Realtors, California pending home sales dwindled for the third consecutive month in September 2017, suggesting that the housing market will slow as the end of the year winds down.
Based on a new report by JLL, the U.S. law firm real estate market is entering a new phase, giving law firms a choice of location and space that's never seen before.
According to the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts fell 4.7 percent in September 2017 to a seasonally adjusted annual rate of 1.13 million units.
After three straight monthly declines, existing-home sales in the U.S. slightly reversed course in September 2017, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis.
According to the Mortgage Bankers Association, U.S. multifamily lending was up 8 percent year over year in 2016, with nearly three thousand different multifamily lenders providing a total of $269.2 billion in new mortgages for apartment buildings with five or more units.
According to CBRE, Tokyo, New York and Los Angeles are the world's largest commercial real estate investment markets, with the global stock of investable commercial real estate assets standing at $27.5 trillion.
The National Association of Home Builders is reporting this week that their Remodeling Market Index posted a reading of 57 in the third quarter of 2017, up two points from the previous quarter.
According to Freddie Mac's latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. ticked down this week. Rates came down slightly this week, ending a brief, two-week streak of increases.
According to new research by Zillow, rising sea levels are expected to impact $916 billion worth of U.S homes in the next 100 years, most of which are low-end or median-value homes.
According to CBRE, strong fundamentals, growing sophistication of logistics facilities and e-commerce growth has led to a surge in foreign industrial investment in the U.S.
According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.