New York City Real Estate News
New York City
U.S. Mortgage Credit Availability Increased in October
According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.
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.
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%.
New York City Property News
One in Five Americans Had a Political Disagreement with a Neighbor in 2024
Posted on October 25, 2024
Despite Return-to-Office Mandates, U.S. Office Vacancies Continue to Rise
Posted on October 21, 2024
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