World News
Construction Input Prices Continue to Rise in October
Construction input prices rose by 0.3% in October 2024 compared to the previous month, according to an analysis by Associated Builders and Contractors of Producer Price Index data from the U.S. Bureau of Labor Statistics
Tech, AI Industries Drive Largest Share of Office Leasing Activity in U.S.
CBRE's latest Tech-30 report shows that the tech industry boosted its share of U.S. office leasing to 18% in the first three quarters of this year, partly fueled by companies involved in artificial intelligence (AI).
Commercial Real Estate Lending in U.S. Enjoys Strong Growth in Q3
New research by CBRE shows that the commercial real estate lending market continued its upward trajectory in the third quarter of 2024, with a notable increase in acquisition financing and strong issuance across asset classes, including large office transactions.
BETTER MLS: A New Agent, Broker Owned National Listings Platform Announced
Miami-based real estate technology investment firm, WORLD PROPERTY VENTURES (WPV), has announced the coming launch of its latest proptech venture called BETTER MLS -- a new national, consumer-facing listings platform exclusively owned and operated by real estate agents and brokers across the U.S.
Home Prices Rise in 87 Percent of U.S. Metros in Q3
In the National Association of Realtors' latest quarterly report, about 90% of U.S. metro areas (196 out of 226, or 87%) saw home price increases during Q3 of 2024, as 30-year fixed mortgage rates fluctuated between 6.08% and 6.95%.
