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Sales of $100 million Homes are Poised to Double this year as the Market for Trophy Properties Rebounds
The market for ultra-luxury real estate in the United States is experiencing a significant resurgence, with sales of homes priced at $100 million or more on track to double this…
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10-year Rise in U.S. Home Prices Could be Coming to an End: Yale’s Robert Shiller
A decade-long surge in U.S. home prices may be nearing its end as the Federal Reserve concludes its rate-hiking cycle, according to Robert Shiller, a professor of economics at Yale…
China Home Prices Fall Sharply Despite Latest Rescue Plan
China’s home prices fell again in June, underscoring the challenge for policymakers to halt the property market slump that’s hurting developers and the economy. National Bureau of Statistics figures showed…
The Asia Pacific Office Sector is Expected to Undergo Further Repricing Throughout 2024
Outstanding senior commercial real estate debt in the Asia Pacific region amounts to at least $257 billion, with a projected funding gap of $8.4 billion expected between 2024 and 2026.…
Retail Foot Traffic in the United States is Expected to Exceed pre-pandemic levels by 2025
Recent findings show that street retail districts are demonstrating robust recovery, signaling a return to pre-pandemic vitality. Projections suggest that foot traffic across key trade areas will achieve full pre-pandemic…
U.S. Residential Rents Increase for Second Consecutive Month in May
Despite the challenges, the median U.S. asking rent showed resilience, increasing by 0.8% year-over-year in May 2024, reaching $1,653, the highest level since October 2022. This marks the second consecutive…
New York City Office Space Attracts Surge of Green Energy Companies
New York State's ambitious commitment to source 70% of its power from renewable energy by 2030, with a zero-emission electric sector by 2040, has catalyzed a significant shift in New…
Commercial Property Investment in Japan Experienced a Sharp Annual Decline of 57% in Late 2023
In the fourth quarter of 2023, the investment volume in commercial real estate in Japan declined significantly by 57% year-over-year, amounting to JPY 660.0 billion. This downturn, largely attributed to…
