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Real Estate News

Strong Job Growth in U.S. Driving Up Office Asking Rents

Strong Job Growth in U.S. Driving Up Office Asking Rents

According to Transwestern's second-quarter 2018 national office market report, continued improvement in the U.S. office sector was due in large part to a strong jobs market with remarkably low overall unemployment of 3.9 percent, and a 1.6 percent annual growth rate in office-using employment. Read More »


U.S. Housing Market Needs 6 Million New Homes

U.S. Housing Market Needs 6 Million New Homes

According to Zillow, one of the defining characteristics of the U.S. housing market in 2018 is the lack of available inventory, and much of this scarcity can be traced back to the lack of building following the bubble's burst. Read More »

Luxury Home Price Appreciation Slows in U.S.

Luxury Home Price Appreciation Slows in U.S.

According to Redfin, luxury home prices in the U.S. rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018. This is lower growth than in the first quarter, when prices were up 7.3 percent. Read More »

Florida Home Sales, Median Prices Up in Mid-2018

Florida Home Sales, Median Prices Up in Mid-2018

According to Florida Realtors, the second-quarter of 2018 saw increased sales, higher median prices and more new listings across a number of Florida's housing markets. Read More »


Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated August 15, 2018 9:00 AM ET

United States Property News

Property listings portal Zillow is now reporting that over the next year, 23 more cities across the U.S. will make Zillow's "$1 Million City List," defined as a city with a median home value of $1 million or more.

According to the National Association of Home Builders / Wells Fargo Housing Opportunity Index, rising U.S. home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018.

According to Freddie Mac most recent Primary Mortgage Market Survey, U.S. mortgage rates were mostly unchanged the first week of August 2018, but did ease up slightly.

According to the National Association of Realtors, amidst staggeringly low inventory levels in much of the country during the second quarter of 2018, existing-homes sales cooled and home prices maintained their robust level of appreciation.

According to the Miami Association of Realtors, Miami-Dade County existing condominium sales surged 5.6 percent in 2Q 2018 as median prices for all properties rose for the 26th consecutive quarter.

According to the Greater Las Vegas Association of Realtors, local home prices are leveling off this summer as the housing supply has stopped shrinking but still remains tight.

Based on a new report by the Orlando Regional Realtor Association, the inventory of homes available for purchase in the Orlando area in July 2018 displayed its greatest percentage of decrease yet in 2018

According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates in early August 2018 jumped to their fourth highest level of the year. The 30-year fixed-rate mortgage drifted up for the second consecutive week to 4.60 percent.

U.S. markets where residential land use has the strictest regulations, and which often struggle to accommodate new housing, strong job growth, is also associated with a much larger increase in home values.

U.S. homebuilder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018.The HMI index increased one point to 67.

According to a new report by global real estate consultant CBRE, the U.S. commercial real estate lending market remains robust in 2018, despite financial market volatility and heightened trade tensions.

According to he Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending July 27, 2018, U.S. mortgage applications decreased 2.6 percent from one week earlier,

According to the National Association of Realtors, U.S. pending home sales increased in all four major regions in June 2018, but overall activity lagged year ago levels for the sixth straight month.

According to Freddie Mac's July 2018 Housing Forecast, exceptionally low housing supply and weaker affordability slowed the housing market in the first half of 2018, but total sales activity should still slightly top year-ago levels.

According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates moved up slightly over the past week to their highest level since late June 2018.

U.S. companies in pursuit of highly skilled tech talent - spanning every industry today - might be in for more sticker shock. Combined talent and occupancy costs are up by as much as 12.5 percent over last year as competition for tech talent has heated up.

According to the June 2018 Zillow Real Estate Market Report, a decade after the U.S. housing market crashed, half of the country's homes have regained the value they lost during the recession.

U.S. single family homes and condos sold for a median price of $255,000 in the second quarter, up 6.3 percent from a year ago to a new all-time high but the slowest annual appreciation since Q2 2016.


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