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Foreign Investment in U.S. Property to Remain Strong in 2017, China Top Investor

Foreign Investment in U.S. Property to Remain Strong in 2017, China Top Investor

The outlook in 2017 for U.S. commercial real estate capital markets continues to be favorable. Read More »


NAHB Panel Says U.S. Housing Production Will Gradually Uptick in 2017

NAHB Panel Says U.S. Housing Production Will Gradually Uptick in 2017

Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production in the U.S. will continue on a gradual, upward trajectory in 2017. Read More »

Home Remodelers' Profits Increased as Industry Continued to Recover in 2016

Home Remodelers' Profits Increased as Industry Continued to Recover in 2016

Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves. Read More »

Commercial Mortgage Originators Expect Strong, Steady Market in 2017

Commercial Mortgage Originators Expect Strong, Steady Market in 2017

U.S. commercial and multifamily mortgage lending is expected to increase in 2017, as lenders' appetites to place new loans and borrowers' to borrow remain strong. Read More »


Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »

Last Updated January 13, 2017 10:15 AM ET

New York City

More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.

According to the National Association of Realtors, a big surge in the Northeast and a smaller gain in the South pushed U.S. existing-home sales up in November 2016 for the third consecutive month.

Hotel consultant STR is reporting this week that the Baird/STR Hotel Stock Index increased 11.8% in November 2016 to close the month at 3,474. Year to date, the index has grown 12.3%.

The impact of the Federal Reserve's decision this week to raise the Federal Funds Rate by 0.25 percent on all U.S. real estate markets and sectors could be significant in 2017.

Existing-home sales in the U.S. are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home.

According to the Mortgage Bankers Association's Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the third quarter of 2016.

According to CBRE, Manhattan's office market leasing activity totaled 1.51 million sq. ft. in November 2016, 29% below its five-year monthly average of 2.14 million sq. ft.

The recent election of Donald Trump as the 45th president of the United States of America is set to cause further uncertainty for the Middle East's real estate market, at least in the short term.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. fell 1.9 percent in October 2016

According to the National Association of Realtors, existing-home sales in the U.S. ascended in October 2016 for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade.

The Multifamily Production Index (MPI) posted a gain of three points to 53 in the third quarter of 2016. The MPI has been at 50 or above since the beginning of 2012.

Led by impressive gains in both single-family and multifamily production, nationwide U.S. housing starts surged 25.5 percent in October 2016 to a seasonally adjusted annual rate of 1.32 million units.

According to Cushman & Wakefield's latest Main Streets Across the World report, Miami's Lincoln Road remained the fourth most expensive retail street in the Americas with average rents of $325 per square foot per year.

The National Association of Home Builders is reporting this week that U.S. builder confidence in the market for newly built single-family homes held steady in November 2016.

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased 14 basis points to a seasonally adjusted rate of 4.52 percent of all loans outstanding at the end of the third quarter of 2016.

The Baird/STR Hotel Stock Index decreased 0.8% in October 2016 to close the month at 3,108. Year to date, the index remains up 0.4%. Hotel stocks outperformed in October amid low investor expectations and rising interest rates.

According to Freddie Mac's latest Primary Mortgage Market Survey, the average U.S. fixed mortgage rate moved higher in early November.

Millennials entering their prime homebuying years, rising household formation, and continued job gains boosting overall demand are expected to be behind the slight increase in existing-home sales in 2017.


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