World News
U.S. Commercial Property Market Primed for Growth in 2025
According to CBRE's 2025 U.S. Investor Intentions Survey, property investors are preparing to allocate more capital into the U.S. commercial real estate market. This optimism is driven by attractive pricing opportunities, even amidst challenges from fluctuating interest rates.
Single-family Rent Growth in U.S. Slows to Lowest Rate in 14 Years
CoreLogic's latest Single-Family Rent Index reveals that Detroit led the nation in year-over-year rent growth among 20 major markets in November 2024, with a 6.1% increase.
Housing Starts Spike 15 Percent in America in Late 2024
A new report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reveals that housing starts rose by 15.8% in December, reaching a seasonally adjusted annual rate of 1.50 million units -- the highest level since February 2024.
Day One: Trump Issues Executive Order on Emergency Price Relief for U.S. Housing
On his first day of office during his second term, President Trump took significant action on American housing, fulfilling a key campaign promise. On the evening of Monday, January 20, 2025, he signed an executive order aimed at addressing inflation and providing housing relief.
89 Percent of Homes Destroyed by Los Angeles Fires Were Single-Family Residences
According to Redfin, approximately 14% of homes within the perimeters of the Palisades and Eaton fires in the Los Angeles area have been destroyed or damaged. This amounts to 6,354 homes, of which 5,449 (86%) were completely destroyed, and 905 (14%) sustained damage.
