The latest amenity for homeowners is an add-on known as Accessory Dwelling Units. They can be free-standing miniature homes as small as a studio apartment and tucked away in a backyard or they can reside above a garage or in a basement and extend to more than 2,000 square feet.

Luxury retailers have leased 650,000 square feet of new space in the U.S. over the past 12 months, up from roughly 250,000 square feet the prior year.

The national office average vacancy rose to 19.2% last quarter, just below the historical peak of 19.3% in 1991.

Apartment building starts fell to a seasonally adjusted annual rate of 334,000 units in August, marking a 41% decline from the pace seen the same month a year prior.

Commercial real-estate insurance costs have risen 7.6% annually on average since 2017.

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.

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.

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.

Since 2019, rental prices have increased more in Miami than in nearly any other major metro area, soaring 56.5%.

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.