World News
Mortgage Rates Uptick in Mid-March, Ending 9-Week Decline in U.S.
According to the Mortgage Bankers Association's seasonally adjusted index, total mortgage application volume fell by 6.2% compared to the previous week.
World Property Ventures Builds the Future of Real Estate with New Funding Round
Michael Gerrity, founder and CEO of World Property Ventures, believes the global property industry is poised for a major transformation. In the coming decade, rapid advancements in artificial intelligence, the explosion of market data and signals, automation, industry consolidation and tokenization will disrupt the market in ways that few are prepared for.
U.S. West Coast Dominates Self Storage Demand
According to StorageCafe, life events continue to shape the U.S. self-storage market, with moving, housing affordability, and economic shifts fueling sustained demand. Interest in self-storage has surged by 88% since 2020, reaching an all-time high of 25 million annual searches in 2024.
U.S. Builder Sentiment Declines Amid Economic Uncertainty and Rising Costs
Economic uncertainty, potential tariffs, and high construction costs contributed to a decline in U.S. builder sentiment in March 2025, despite optimism that regulatory changes could improve business conditions.
Black Homeownership Rates in U.S. Enjoy Largest Annual Increase of All Racial Groups
The National Association of Realtors' 2025 Snapshot of Race and Home Buying in America reports that Black homeownership in the U.S. saw the highest year-over-year increase among racial groups in 2023.
