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Real estate
fromwww.housingwire.com
1 week ago

Multifamily developer moods sink amid high costs, flat rent growth

Developer confidence in multifamily construction fell year-over-year due to high construction and borrowing costs, stagnant rents, and stronger performance for garden/low-rise versus mid/high-rise.
fromFortune
5 months ago

America's homeownership rate falls for the first time since 2016 amid economic and demographic shifts, Redfin says

Redfin puts it bluntly: America's homeowner population has stopped growing. Chen Zhao, Redfin's head of economics research, attributes this to "rising home prices, high mortgage rates and economic uncertainty [which] have made it increasingly difficult to own a home." Zhao also noted secular shifts in the economy that may be playing a role. "People are also getting married and starting families later, which means they're buying homes later-another factor that may be at play."
Real estate
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London startup
fromCity AM
9 months ago

Mid-week office working back to pre-pandemic levels, says British Land

London office occupancy has recovered to pre-pandemic levels, driving record rents and strong growth expectations from British Land.
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