The WPJ

Sarasota

Home Sales Dive 6 Percent in July Over Inflation, Rate Woes in U.S.

According to the National Association of Realtors, existing-home sales sagged for the sixth straight month in July 2022. All four major U.S. regions recorded month-over-month and year-over-year sales declines.

Mega Warehouse Leases Driving the U.S. Industrial Market in 2022

According to a new report from CBRE - mega warehouses are in style - in a big way in 2022. Warehouse users signed leases for 37 facilities of 1 million sq. ft. or larger in the U.S. in the first half of this year, up from 24 in the first half of 2021.

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

U.S. Tenants Gravitating to Higher Quality Offices in Response to Hybrid Work

According to global property consultant CBRE, there is a "flight to quality" playing out across 12 major U.S. markets as office-using companies adapt their workplaces for hybrid work.

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