The WPJ

New York City

Homebuyer Demand in America Drops to 5-Year Low in Early 2025

According to national brokerage Redfin, U.S. homebuyers currently have the most options available since 2020. However, rising housing costs are deterring many from making purchases, making monthly mortgage payments increasingly difficult.

U.S. Commercial Borrowing to Increase to $583 Billion in 2025, Up 16 Percent Annually

The Mortgage Bankers Association released an updated forecast this week projecting that U.S. commercial and multifamily mortgage borrowing and lending will reach $583 billion in 2025, marking a 16% increase from the estimated $503 billion in 2024.

Global Luxury Residential Prices Showed Gradual Improvement in Late 2024

According to Knight Frank's latest Prime Global Cities Index, the growth of prime residential property prices worldwide is slowly gaining momentum. The annual growth rate climbed in the final quarter of 2024, reaching 3.2%. Although this marks an improvement from the previous quarter, it remains below the 20-year average of 5.3%.

Demand for U.S. Life Sciences Space Spikes 28 Percent Annually in Late 2024

CBRE's latest market data shows the U.S. life sciences real estate sector posted positive net absorption in Q4 of 2024, even as an increase in construction completions pushed the vacancy rate to 19.7%.

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