According to global property consultant CBRE, the vacancy rate for Large Multi-Tenant (LMT) properties in the Greater Tokyo Area fell from 1.1% in Q4 2019 to 0.5% in Q1 2020, the lowest level since CBRE's surveys began in 2004.
Covid-19 and the knock-on impact of the government lockdown, will result in 56,000 fewer homes being delivered this year, representing a 35 percent drop.
Based on a new U.S. Census Bureau report, national residential vacancy rates in the first quarter 2020 were 6.6 percent for rental housing, and 1.1 percent for homeowner housing.
The total number of U.S. loans now in forbearance increased from 5.95% of servicers' portfolio volume in the prior week to 6.99% as of April 19, 2020.
Demand for London rental property has picked up in April 2020, as prospective tenants begin to plan for life after the lockdown.
According to CBRE's recently released "Japan Investor Intentions Survey," commercial asset purchases were to rise in 2020.
Waters joins the firm after spending the past three-and-a-half years as president of the real estate tech firm Ten-X.
Despite economic disruptions caused by COVID-19, industrial construction is continuing in the majority of major U.S. markets.
Sales of newly built, single-family homes fell 15.4 percent to a seasonally adjusted annual rate of 627,000 units in March, coming off a downward revision in February 2020. The March rate is 9.5 percent lower than the March 2019 pace.
With COVID-19 expected to persist through 2020 or beyond, real estate across all market segments in Singapore have weakened in response to the economic fallout.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending April 17, 2020, U.S. mortgage applications decreased 0.3 percent from one week earlier.
According to the National Association of Realtors, existing-home sales in the U.S. fell in March 2020. Each of the four major regions reported a dip in sales, with the West suffering the largest decrease.
According to new housing data released by Florida Realtors this week, Florida's housing market reported more closed sales and higher median prices year-over-year in March 2020.
According to new research from Redfin, U.S. home sales slipped and the number of homes listed for sale plunged as the U.S. coronavirus crisis turned into a national emergency in March 2020.
A national rent increase of 3.3% year over year in February (just before the COVID-19 outbreak in the US ramped up), up slightly from a 3% year-over-year increase in February 2019.
The National Association of Realtors is now reporting that a quarter of Realtors with clients putting contracts on homes this past week in the U.S. had at least one do so without physically seeing the property.
Independent mortgage banks and mortgage subsidiaries of chartered banks in the U.S. made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018.
The coronavirus pandemic has wreaked havoc on many of America's "non-essential" industries. That includes tourism, as countless attractions have closed down.