In May 2024, the Canadian real estate market continued to show signs of deceleration, with the national benchmark home price declining to $714,300, representing a 0.2% decrease from April and…
WeWork, the shared office space provider once valued at $47 billion, has successfully emerged from bankruptcy and announced the appointment of John Santora as its new Chief Executive Officer. Santora,…
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…
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’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…
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.…
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…
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 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…
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…
