The American Institute of Architects (AIA) and Deltek reported a modest improvement in their Architecture Billings Index (ABI) for May 2025, though the sector remains in contraction. The index rose to 47.2, up from 43.2 in April, marking a slower pace of decline. Any score below 50 signals a decrease in billings.
The world's wealthiest property hunters descended on Monaco during the recent Formula One Grand Prix weekend, sending real estate searches soaring and helping drive the city-state's housing market to new record highs.
Canadian home sales posted their first monthly increase since November, rising 3.6% in May from April as activity rebounded in key markets including Toronto, Calgary, and Ottawa, according to data released by the Canadian Real Estate Association (CREA).
Tokyo's office market is undergoing a notable geographic shift in 2025, as rising rents and limited availability in the city's central business districts push companies to relocate to outer wards.
A record-breaking 72.2 million Americans are expected to travel over the extended July Fourth holiday period this year, according to new projections from AAA. The travel window, which spans from Saturday, June 28 through Sunday, July 6, marks the busiest Independence Day travel period in U.S. history.