On the first anniversary of the Pacific Palisades and Malibu wildfires, vacant land is piling up across some of Los Angeles' most heavily damaged neighborhoods, even as investors account for a growing share of the limited transactions taking place.
Global hotel performance remained largely stagnant over the past year, with modest pricing gains offset by declining occupancy. Year-to-date revenue per available room (RevPAR) rose 0.2% through August 2025, according to STR, as a 1.0% increase in average daily rate was outweighed by a 0.8% drop in occupancy.
Americans are poised to hit the roads, airports and ports in record numbers this year, underscoring the resilience of consumer travel demand even as broader economic uncertainty lingers.
The U.S. housing market is poised to improve only gradually next year as mortgage rates edge lower, incomes rise and more inventory comes to market, according to Realtor.com's newly released 2026 Housing Forecast. But the platform cautions that the recovery remains fragile, with sales stuck well below normal levels and economic and political risks still clouding the outlook.
Posted on July 30, 2025
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