According to Redfin, U.S. homes are selling at the slowest pace since the pandemic's onset in early 2020, as high mortgage rates and elevated home prices persist.
CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.
Based on Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.04 percent as of January 16, 2025.
While the AIA/Deltek Architecture Billings Index (ABI) dipped slightly below 50 in November 2024, the score hovered near the threshold, reflecting an almost equal split between firms reporting increases and decreases in billings.
Posted on October 25, 2024
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