The WPJ

Jacksonville

U.S. Mortgage Applications Increase in Late October

New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.

New Home Sales Hit 2 Year Low in America

The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.

Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.

CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).

U.S. Multifamily Market Begins Recovery in Q3

Based on CBRE's latest research, the U.S. multifamily market is showing signs of recovery as the vacancy rate fell in the third quarter of 2024 for the first time in more than two years and renter demand outpaced record new supply deliveries.

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