World News
Growth In Online Grocery Shopping Drives Demand For Industrial Cold Storage
According to a new report from CBRE, growth in online grocery shopping in the U.S. has triggered demand for new U.S. cold storage space, spurring 3.3 million square feet of speculative development, up from just 300,000 square feet in 2019.
47.9 Million Americans Will Travel This July 4th Weekend
This week AAA predicts 47.9 million people will travel 50 miles or more from home over the July 4th holiday weekend (June 30 - July 4). This is an increase of 3.7% over 2021, bringing travel volumes just shy of those seen in 2019.
Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices
According to new research by the Mortgage Bankers Association's Research Institute for Housing America, more than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners.
Some Homeowners Willing to Relocate After SCOTUS Overturned Roe v. Wade
In the wake of the Supreme Court ruling to overturn Roe v. Wade last week, a portion of U.S. citizens could potentially change where they want to live.
U.S. Homebuyer Demand Slides Further as Rates Approach 6 Percent
National property broker Redfin is reporting that U.S. homebuyer demand pulled back further as mortgage rates reached their highest level in over 13 years.
