World News
U.S. Homebuilder Confidence Drops Sharply in May, Hits 3 Year Low
Confidence among U.S. homebuilders took a significant hit in May 2025 as ongoing economic headwinds -- including high interest rates, trade policy uncertainty, and volatile material costs -- continue to dampen sentiment across the residential construction industry.
U.S. Cities Where Renters Need $100K Salary to Live Doubles Since 2020
A new report by Zillow paints a stark picture of America's rental affordability crisis, revealing that renters in eight major U.S. cities now need to earn six-figure salaries just to comfortably afford housing - double the number of cities from five years ago.
U.S. Commercial Real Estate Lending Rebounds Sharply in Early 2025
Based on CBRE's latest research, U.S. commercial real estate lending posted a strong comeback in the first quarter of 2025, buoyed by a surge in bank activity, tighter loan spreads, and increased financing demand. Despite lingering caution around federal policy and economic uncertainty, the market showed notable resilience.
Tuscany's Property Boom Driven by Wealthy Foreign Buyers
The Italian city of Lucca has emerged as a top performer in Tuscany's luxury real estate market, with property prices soaring 27% over the past five years, according to a new report from global property consultancy Knight Frank.
U.S. Multifamily Housing Confidence Declines in Early 2025
Confidence in the U.S. multifamily housing market weakened in the first quarter of 2025, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB).
