According to JLL's Residential Sales Market Monitor released this week, the first day sell-through rates for newly launched mass residential projects (where over 80 units were launched in the first batch of sales) dropped significantly in October 2018.
According to the National Association of Realtors, pending home sales in the U.S. declined in October 2018 in all regions but the Northeast. The Pending Home Sales Index decreased 2.6 percent to 102.1 in October.
Zillow is reporting this week that the U.S. housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed.
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October 2019 after an upwardly revised September 2019 report. This is the lowest sales pace since December 2016.
According to new research by ATTOM Data Solutions, the 10 best days of the year to buy a home in the U.S. are primarily in December (7 days), and one day in each in the months of October, November and February.
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 23, 2018, mortgage applications in the U.S. increased 5.5 percent from one week earlier. This week's results include an adjustment for the Thanksgiving holiday.
According to JLL's latest Hong Kong Property Market Monitor, rents in the overall Grade A office market continued to rise albeit at a slower pace last month. Average rent of Grade A office climbed 0.5% m-o-m in October, compared to a 1.0% m-o-m growth in September 2018.
According to the Miami Association of Realtors latest housing data, total Palm Beach County Florida home sales increased 17.1 percent year-over-year in October 2018 as median prices and dollar volume rose for all properties.
Manhattan's most popular retail corridors experienced widespread asking rent declines in the fall of 2018. Out of the 17 high-profile corridors, 15 posted year-over-year decreases in ground floor retail average asking rents per square foot
Florida's housing market reported more closed sales, rising median prices and more new listings in October 2018 compared to a year ago. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017.
According to new research by CBRE, real estate debt in Asia Pacific is increasingly cementing itself as an alternative investment class as global investors seek new opportunities to deploy capital into this sector.
According to the National Association of Realtors, existing-home sales increased in October after six straight months of decreases. Three of four major U.S. regions saw gains in sales activity last month.
The American Automobile Association is predicting over 54.3 million Americans will journey 50 miles or more away from home this Thanksgiving, a 4.8 percent increase over last year.
The National Association of Home Builders is reporting this week rising housing affordability concerns in the U.S. continue to weigh on single-family production even as total housing starts edged higher in October 2018.
The city of Houston's commercial property markets and oil driven economy seem to have fully rebounded, post Hurricane Harvey and depressed oil prices last year.
The National Association of Home Builders is reporting this week that growing affordability concerns resulted in U.S. builder confidence in the market for newly-built single-family homes falling eight points to 60 in November 2018.
Miami, Fl-based Global Listings, Inc. announced this week that it has now launched and deployed the first worldwide real estate listings Search Platform and Matching Engine on GlobalListings.com.
According to new research by Zillow, carrying student debt in the U.S., whether for themselves or someone else, limits potential home buyers' budgets by $92,440, leaving fewer homes on the market they can afford.
Thanksgiving has always been one of my favorite holidays...maybe because it's celebrated by all Americans, of all political stripes, from all corners of the world, and by adherents of all religions.
According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates moderated in mid-November, after increasing last week.