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Real Estate News | THE WORLD PROPERTY JOURNAL
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%.
Ireland Home Prices Spike 9 Percent in 2024
Dec 30, 2024 · Ireland's home prices saw a national increase of 9% on average during 2024, according to Daft.ie's latest House Price Report. By the fourth quarter, the typical listed price nationwide had reached €332,109--1.4% higher than the previous quarter and 30% above pre-pandemic levels.
Hong Kong Housing Market to Reach Equilibrium in Late 2025
Dec 5, 2024 · Hong Kong's private residential housing market is showing signs of stabilization as inventory levels gradually adjust to align with demand. Comparing the available supply of private housing (comprising units approved for pre-sale and unsold units in completed projects) to primary transaction volumes over the past year, the months of supply dropped to 78.2 months in October 2024, down from a ...
NAR's 10 Top U.S. Housing Markets for 2025 Revealed
Dec 16, 2024 · The National Association of Realtors (NAR) has unveiled its list of the 10 hottest housing markets for 2025, based on economic, demographic, and housing trends expected to significantly impact local markets.
More Americans Opting for Renting Over Homeownership in 2024
Dec 27, 2024 · According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.
2025 Prediction: U.S. Commercial Investment Recovery Expected …
Dec 13, 2024 · The U.S. economy is poised for above-average growth in 2025, fueled by robust consumer spending. However, persistent inflation could result in prolonged higher interest rates, according to CBRE's 2025 U.S. Real Estate Market Outlook.
U.S. Pending Home Sales Increase Four Straight Months in …
Jan 2, 2025 · According to the National Association of Realtors, U.S. pending home sales gained 2.2% in November 2024 - the fourth consecutive month of increases and the highest level since February 2023.
Catastrophic Wildfires Devastating Tens of Billions of Dollars of ...
Jan 9, 2025 · According to new data from CoreLogic, the Palisades Fire ignited on January 7, 2025 at approximately 10:30 a.m. PST in Pacific Palisades, California. Driven by fierce winds exceeding 40 mph, the fire quickly consumed around 200 acres and continued spreading at …
Global Real Estate Podcasts Coming to WPC TV Next Year
Dec 31, 2024 · Veteran media and real estate technology entrepreneur Michael Gerrity announced the expansion of his innovative direct-to-consumer global real estate streaming platform's video offerings, ahead of its anticipated launch next year.
Greater Palm Beach Area Condo, Home Sales Collapse in November
Jan 2, 2025 · According to the Miami Association of Realtors, single-family home sales in Palm Beach County declined by 8% year-over-year in November 2024, dropping from 914 to 841 transactions.