In 2024, bookings priced between $1,000 and $1,500 per night grew 15% from 2023, while rentals below $1,000 grew by 6%.
In 2024, bookings priced between $1,000 and $1,500 per night grew 15% from 2023, while rentals below $1,000 grew by 6%.
Homeowner insurance premiums increased about 33% on average from 2020 to 2023. The more likely a home is considered to have a higher disaster risk, the more those homeowners pay — about $500 more per year in 2023 than those who don’t live in a place considered a high-risk disaster area.
Office utilization in River North is about 48% of its 2019 level. That compares with an average of 55% in Chicago’s central business district and 62% nationally.
The costs associated with owning a Florida condo have exploded. A combination of insurance increases, special assessments and limited financing options have elevated costs and sparked a wave of sales, flooding the market and straining prices. Condo prices in the state of Florida overall have fallen between 1% and 6% each month annually since July 2024.
A household in the top 0.1%—roughly 133,000 households each worth at least $46.3 million—accumulated an average $3.4 million a year since the third quarter of 1990, in 2024 dollars. In comparison, the wealth of the rest of the top 1%—roughly 1.2 million households each worth at least $11.2 million—grew by an average $450,000 per household, per year.
While the U.S. may import more manufactured goods than it exports, it runs a large trade surplus in financial services. The overall U.S. trade surplus for financial services in 2024 was about $130 billion.
Google remains the top way travelers prepare for their trips but a growing subset of consumers is turning to artificial intelligence to help them research and plan out their stays. Specifically, they’re experimenting with AI platforms known as large language models, or LLMs, such as ChatGPT, Gemini and Llama.
Some 49 million options contracts changed hands each day in 2024, up from 19 million contracts in 2019. And as the size of the market has grown, individual investors’ slice of it has, too: They made up 29% of all options activity at the end of last year, up from 23% at the beginning of 2020.
In the U.S., the richest 10% have 36.3% of their total assets in stocks and mutual funds, with real-estate comprising 18.7% of their total assets.