World News
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%.
U.S. Home Price Gains Slow for the Second Consecutive Month in June
According to CoreLogic's latest Home Price Index for June 2022, nationwide home prices grew by 18.3% from June 2021, marking the 125th consecutive month of year-over-year increases.
Amsterdam Hotels Enjoy Comeback Post Covid Travel Restrictions
Despite Covid-related travel restrictions in The Netherlands being lifted in March 2022, somewhat later than in other European cities, Amsterdam's hotel sector has made a strong recovery with year-to-May data indicating strong growth compared with the previous year, says hotel consultant HVS.
Asia Pacific Commercial Investment Dives 37 Percent in Q2
According to global property consultant JLL, tightening rate cycles and inflationary concerns led to a slowdown of direct real estate investment activity across the Asia Pacific region, which fell 37% year-on-year to $32.3 billion in Q2.
U.S. Home Buyers Continue to Flock to Climate Risky Areas
According to Redfin, U.S. homebuyers have paid a premium for high-fire-risk and high-flood-risk homes during and after the pandemic. This comes as more people have moved into than out of climate-risky areas in recent years, in part because they can often get more bang for their buck and gain better access to nature.
