The WPJ

Dulles

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

U.S. Tenants Gravitating to Higher Quality Offices in Response to Hybrid Work

According to global property consultant CBRE, there is a "flight to quality" playing out across 12 major U.S. markets as office-using companies adapt their workplaces for hybrid work.

U.S. New Home Sales Dive 27 Percent Year-Over-Year in April

According to the National Association of Home Builders, in a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April 2022, falling to their weakest pace in two years, as rising mortgage interest rates and worsening affordability conditions continue to take a toll on the housing market.

Commercial Real Estate Lending in U.S. Maintains Momentum in Q1

According to the latest research from CBRE, commercial real estate lending activity edged up in the first quarter of 2022, despite rising inflation and heightened geopolitical risks.

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