According to CBRE's newly released annual Tech-30 report, the tech industry reclaimed the highest share of U.S. office leasing in Q3 2023 after relinquishing the top spot in Q1 2022. Total tech leasing recovered from low levels earlier this year but remains well below pre-pandemic era leasing.
As Tropical Storm Hilary now substantially weakens this week, real estate data provider CoreLogic estimates that approximately 1,553,803 residential homes in the western U.S. were at an elevated risk of inland riverine flooding over the last few days. This includes both single- and multifamily residential properties.
Based on AAA projects, over 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend, setting a new record for the holiday.
According to the California Association of Realtors, a surge in mortgage interest rates suppressed California home sales in April 2023, while the statewide median home price climbed above the $800,000 level for the first time in six months.
According to the California Association of Realtors, California's March 2023 home sales pace was down 1.0 percent on a monthly basis from 284,010 in February 2023, but down 34.2 percent from a year ago, when a revised 427,040 homes were sold on an annualized basis.
Posted on January 19, 2023
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