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China v U.S.
September 25, 2023
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Nearly 24% of the office-tower space in 18 major Chinese cities was unoccupied as of June. That is worse than the U.S., where office vacancy rates hit a 30-year-high of 18.2% in June.

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Biggest Home Buyers
September 20, 2023
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Landlords with 1,000 properties or more accounted for 0.4% of U.S. home purchases during the second quarter, down from a peak of 2.4% in late 2021.

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Shopping Malls
September 18, 2023
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Unibail-Rodamco-Westfield said last year that it planned to shed most of its American portfolio by the end of 2023. Now, the Paris-based company intends to hold some of its top-performing malls beyond that self-imposed deadline.

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CRE Sales
September 6, 2023
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The volume of commercial property sales in July was down 74% from a year earlier, and sales of downtown office buildings hit the lowest level in at least two decades.

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Landlord Fees
September 5, 2023
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The five largest single-family-home rental landlords increased their annual fee income per lease by about 40% between 2018 and 2021.

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Lending Trend
September 1, 2023
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The Mortgage Bankers Association predicts commercial-property lending will have fallen 38% by the end of this year, when compared with 2022.

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Office Leases
August 23, 2023
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In the second quarter, U.S. businesses signed new leases for an estimated 97.5 million square feet, up from 57.4 million square feet in the second quarter of 2020, the low point of the pandemic. But, the average U.S. office lease size was 3,275 square feet, or 19% less than the average lease size between 2015 and 2019.

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Smaller Homes
August 22, 2023
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Since 2018, the average unit size for new housing starts has decreased 10% nationally to 2,420 square feet. Construction starts for new single-family homes declined in 2022, but starts for homes with fewer than three bedrooms increased 9.5% over the same period.

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