World News
Mortgage Credit Availability Dips in the U.S.
Based on a new report from the Mortgage Bankers Association, that analyzed data from ICE Mortgage Technology, U.S. mortgage credit availability decreased in July 2022.
U.S. Commercial Property Investment Spikes to $167 Billion in Q2
According to global property consultant CBRE, U.S. commercial real estate investment volume rose by 10% year-over-year in Q2 2022 to $167 billion.
Las Vegas Home Prices Slip for Second Consecutive Month in July
Las Vegas Realtors are reporting this week that local home prices dipped for the second straight month, with fewer homes selling and more available for sale.
Life Science Space in U.S. Enjoying Strong Gains in 2022
According to global property consultant CBRE, lab space across the 12 largest U.S. life sciences hubs made additional gains in the second quarter, including an increase in lease rates and a decrease in vacancy despite more construction activity.
U.S Construction Employment Increased by 32,000 in July
The construction industry added 32,000 jobs on net in July 2022, according to an Associated Builders and Contractors analysis of data released this past week by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 311,000 jobs, or 4.2%.
