The WPJ

San Francisco

Global Super-Prime Home Sales Surge in Mid-2025

Global sales of super-prime homes--properties valued at $10 million and above--continued their upward momentum in the second quarter of 2025, according to international property consultancy Knight Frank.

U.S. Data Center Boom Tests Power Grid as AI Demand Outpaces Supply

Fueled by a surge in artificial intelligence and cloud computing demand, North America's data center market continued its blistering pace of expansion in the first half of 2025 -- but growth is running headlong into the limits of available power and infrastructure, according to new data from CBRE.

UBS Flags Miami, Tokyo, Zurich as World's Top Housing Bubble Risk Markets in 2025

Miami tops investment banker UBS's latest Global Real Estate Bubble Index, marking it as the world's riskiest urban housing market. Tokyo and Zurich follow closely, while Los Angeles, Dubai, Amsterdam, and Geneva are also flagged for elevated bubble risk, according to the Swiss bank's annual report.

California Home Sales Enjoy Modest Uptick as Mortgage Rates Ease

California home sales in August 2025 edged higher, supported by stabilizing prices and a modest decline in mortgage rates, according to the California Association of Realtors.

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