The January 7, 2025, Palisades and Eaton wildfires inflicted catastrophic damage on Los Angeles, destroying more than 13,500 properties and triggering an estimated $40 billion in insured losses, according to property data firm Cotality.
North America's data center colocation market is straining under unprecedented demand, with vacancy rates plunging to just 2.3%, according to JLL's North America Data Center Report - Midyear 2025.
In the second quarter of 2025, home price growth cooled across U.S. metro areas, reflecting shifting market dynamics amid persistent affordability challenges and rising mortgage costs.
Record-breaking demand from hyperscalers and cloud providers drove data center leasing volumes to new highs in the first quarter of 2025, fueled by the global AI boom and tightening power supply, according to CBRE's latest Global Data Center Trends report.
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