World News
Mortgage Applications Dip in Mid-August
According to new data from the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending August 12, 2022, U.S. mortgage applications decreased 2.3 percent from one week earlier.
Mega Warehouse Leases Driving the U.S. Industrial Market in 2022
According to a new report from CBRE - mega warehouses are in style - in a big way in 2022. Warehouse users signed leases for 37 facilities of 1 million sq. ft. or larger in the U.S. in the first half of this year, up from 24 in the first half of 2021.
Lowest Priced Homes Attracting the Strongest Competition
New Zillow research this week is showing that a s home-buying demand cools from the record pace of 2021, competition is now hottest for the lowest-priced homes as mounting affordability obstacles stretch buyers' budgets.
Home Builder Confidence Continues to Crater in U.S.
U.S. homebuilder confidence fell for the eighth straight month in August 2022, as elevated interest rates, ongoing supply chain problems and high home prices continue to exacerbate housing affordability challenges.
Commercial Mortgage Lending in U.S. Slows in Q2
Based on new research from CBRE, the pace of commercial real estate lending activity eased in the second quarter of 2022 amid heightened market volatility from rising inflation and interest rates.
