According to recent data from CBRE, the U.S. industrial real estate market saw a significant increase in mega distribution center leases (1 million sq. ft. or more) in 2024, fueled by robust online sales nationwide.
Miami-based GLOBAL LISTINGS announced this week the launch of a new business offering called its Global Listings Service, or GLS for short. It's the world's first consumer-facing global MLS platform.
The Mortgage Bankers Association released an updated forecast this week projecting that U.S. commercial and multifamily mortgage borrowing and lending will reach $583 billion in 2025, marking a 16% increase from the estimated $503 billion in 2024.
According to the National Association of Realtors' latest quarterly report, 89% of U.S. metro markets (201 out of 226) saw home price increases in the fourth quarter of 2024. During this period, the 30-year fixed mortgage rate ranged from 6.12% to 6.85%.
According to Knight Frank's latest Prime Global Cities Index, the growth of prime residential property prices worldwide is slowly gaining momentum. The annual growth rate climbed in the final quarter of 2024, reaching 3.2%. Although this marks an improvement from the previous quarter, it remains below the 20-year average of 5.3%.