Based on CBRE's latest research, the U.S. multifamily market is showing signs of recovery as the vacancy rate fell in the third quarter of 2024 for the first time in more than two years and renter demand outpaced record new supply deliveries.
According to CBRE, Japan's commercial real estate transaction volume rose by 24% year-over-year to JPY 1.207 trillion in Q3 2024, with large transactions exceeding JPY 10 billion doubling from the same period last year.
According to new data from the Miami Association of Realtors, residential sales in Palm Beach County dropped by 19.7% year-over-year, decreasing from 2,028 to 1,628 units.
According to the Mortgage Bankers Association's latest Weekly Applications Survey for the week ending October 25, 2024, U.S. mortgage applications decreased 0.1 percent from one week earlier.
According to national property broker Redfin, a U.S. homebuyer on a $3,000 monthly budget has lost $33,250 in purchasing power over the last six weeks, with the daily average 30-year fixed mortgage rate rising to 7% on October 28, 2024.