Top Stories
Mortgage Applications Dips in Mid-January
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending January 22, 2021, U.S. mortgage applications decreased 4.1 percent from one week earlier.
Manhattan New Construction Activity Hits 10 Year Low in 2020
The Real Estate Board of New York is reporting this week that total construction activity in 2020 was the City's lowest in nearly a decade, highlighting the urgent need for robust infrastructure investment to help get new construction projects off the ground.
Growing E-Commerce Sales Drives Warehouse Leasing in U.S.
2020 tenant expansion outpaced last year's total after a fourth-quarter surge in demand by companies seeking additional warehouse and distribution space to improve supply-chain efficiencies.
Despite 2020 COVID Outbreak, U.S. Home Sales Enjoyed Most Activity Since 2006
Existing U.S. home sales rose in December, with total home sales in 2020 reaching their highest level since 2006. Activity in the major regions was mixed on a month-over-month basis, but each of the four areas recorded double-digit year-over-year growth in December.
