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.
This week the National Association of Realtors Chief Economist Lawrence Yun sounded the alarm bells as he explained there are significant questions regarding the U.S. housing market's direction over the coming months of 2022.
According to the National Association of Realtors, U.S. existing-home sales decreased in March 2022, marking two consecutive months of declines. Month-over-month, sales in March waned in three of the four major U.S. regions while holding steady in the West.
Based on new data from the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending March 25, 2022, U.S. mortgage applications decreased 6.8 percent from one week earlier.
According to the National Association of Home Builders, soaring lumber prices that have tripled over the past 12 months have caused the price of an average new single-family home to increase by $35,872.
Posted on October 11, 2019
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