In 2025, 26% of Americans ages 18 to 44 used family money to help fund their first home purchase down payment.
In 2025, 26% of Americans ages 18 to 44 used family money to help fund their first home purchase down payment.
Generation Z is showing a welcome affinity for malls after millennials’ lukewarm allegiance, and mall owners are spending more time and money courting this generation. However, mall owners are reacting to a wave of recent disruptions to their properties by taking an extreme measure: They are banning all shoppers under 18 who aren’t accompanied by an adult.
A recent report found that 2025 was the first year that office space removals, whether through demolition or conversions, outpaced newly completed space for the first time since tracking the data began in 1988.
Office-to-apartment conversions have reached a record level, with 90,300 units in different stages of development as of the start of the year. The biggest cities lead that effort, including New York City, Washington, D.C., Chicago and Los Angeles, and have helped boost office-to-residential conversions by 28% at the beginning of 2026 compared to a year earlier.
Nearly 63% of workers are now fully on-site, up from just over half in late 2021. Many other workers have to commute for at least some of the workweeks.
At least $3.4 billion of investment for build-to-rent projects is frozen in place, according to an early survey of 14 build-to-rent firms. That translates to about 10,000 units of housing and it is likely just a sliver of the impact across the entire build-to-rent industry, which includes more than 1,700 firms.
Homes that went under contract in March sold in a median of 19 days, creating a 37-day gap from the 56-day typical listing time. The 37-day gap in days on the market for homes sold versus all homes listed was the widest for any March since 2020.
Vacancy for premium Midtown office space fell to 16.4% in the first quarter, from 22.3% two years earlier. The U.S. office vacancy rate, meanwhile, rose to 22.8% from 22.1% over the same period.
A New York City affordable-housing program offers tax breaks with easier rules for residential projects under 100 units. New York City apartment developers are splitting large projects into 99-unit segments to dodge harsher rules for new incentives.
More than 12 percent of American households, a record high, stash their overflow in rented storage spaces.