According to new research from Zillow, real estate investors appear to be flocking to Opportunity Zones in the U.S.
According to the National Association of Realtors, existing-home sales in the U.S. rebounded strongly in February 2019, experiencing the largest month-over-month gain since December 2015.
California home sales bounced back in February 2019, after hitting the lowest sales level in more than 10 years the previous month. February's annual sales level were the highest in six months.
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes held steady at 62 in March 2019.
Swimming pools are worth more in Los Angeles than they are in any other major U.S. metro area, followed by Austin and Orange County, California, where a pool adds more than $50,000 to a typical home's value.
Zillow is reporting this week that a limited U.S. housing inventory and rapid price appreciation have kept sellers firmly in the driver's seat for several years as the United States recovered from the housing market collapse in 2008.
According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.
According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.
According to Redfin, the average sale price for U.S. luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That's on par with the annual growth seen in the second quarter of last year and up from a 3.2 percent growth rate in the third quarter.
Global real estate consultant CBRE is reporting this week that retail real estate left behind by the retail industry's digital evolution can find new life as warehouses and e-commerce distribution centers.
Sales of new homes in all four major U.S. regions significantly declined in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December.
According to JLL's latest research, Flexing Their Muscles: Markets to Watch in 2019, the U.S. office market is poised to take on significantly more office flex space in the coming year.
According to CBRE, the availability rate for U.S. industrial real estate declined by 8 basis points (bps) in the fourth quarter of 2018, while demand for warehouses exceeded the delivery of newly constructed supply by roughly 6 million square feet.
According to Zillow research, the U.S. housing market is more valuable than ever, worth a cumulative $33.3 trillion in 2018. Since the market hit its lowest point in 2012, it has gained $10.9 trillion in value, and is now worth $4 trillion more than it was at the peak of the housing bubble.
Based on a new report by the California Association of Realtors, California home sales remained on a downward trend for the seventh consecutive month in November 2018 as prospective buyers continued to wait out the market.
According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report.
According to a consumer survey released by the California Association of Realtors, despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually.
According to JLL's Residential Sales Market Monitor released this week, the first day sell-through rates for newly launched mass residential projects (where over 80 units were launched in the first batch of sales) dropped significantly in October 2018.