According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic.
The total number of U.S. loans now in forbearance decreased by 1 basis point from 8.48% of servicers' portfolio volume in the prior week to 8.47% as of June 21, 2020.
According to Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) averaged 3.13 percent on June 25, 2020. The rebound in purchase demand partly reflects deferred sales as well as continued interest from prospective buyers.
Redfin is reporting that a record 27% of home searchers looked to move to another U.S. metro area in April and May 2020.
Freddie Mac's latest Multifamily Apartment Investment Market Index rose by 1.8% in Q1 2020 after a modest quarterly decline (1.4%) in Q4 2019.
The two-story Glisan Building offers 9,000-square-feet plus a basement. It has been seismically upgraded, has a modern elevator, and breaks up well for two tenants.
Florida's Realtors are reporting that the state's housing market continued to reflect the economic impact of the coronavirus pandemic in May 2020.
According to Redfin, the impact of coronavirus shutdowns on homebuyer demand has been short and muted.
Hong Kong's Central's Grade A office rents fell 2.7% to HKD 102.4 per sq. ft in May 2020 as the vacancy rate reached 5% for the first time since the Global Financial Crisis in 2008.
Single-family homes rose 16.6 percent to a seasonally adjusted annual rate of 676,000 units in May 2020 from a downwardly revised reading in April.
Miami-Dade County median home prices increased year-over-year in May 2020 as home sales saw expected declines as a result of the global COVID-19 outbreak.
The total number of U.S. mortgage loans now in forbearance decreased - for the first time since the survey's inception in March 2020.
According to the National Association of Realtors, existing-home in the U.S. sales fell in May 2020, marking a three-month decline in sales as a result of the coronavirus outbreak.
U.S. housing market showed some early signs of recovery in May as the addition of homes for sale and contracts to buy homes both increased dramatically.
Commercial and multifamily mortgage delinquencies in the U.S. remained low at the end of the first quarter of 2020.
As businesses prepare to return to the office amid an easing of lockdown restrictions across Asia Pacific, many are considering how their corporate real estate portfolios should look in the 'new normal'.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending June 12, 2020, U.S. mortgage applications increased 8.0 percent from one week earlier.
In a sign that U.S. housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June 2020. Any reading above 50 indicates a positive market.