Europe’s largest mall operator Unibail-Rodamco-Westfield SE wants to shed most of its U.S. properties by the end of 2023, bracing for a potentially sizable loss after it paid about $14 billion four years ago for some of the country’s top-performing malls.

The average mortgage rate on a 30-year home loan surged past 4% for the first time in three years in March.

The value of a typical U.S. home in 2021 was $321,634, an increase of $52,667 from 2020.

The number of construction job openings as of January is 380,000, that’s up from 299,000 a year prior.

Co-op and condo sales in Manhattan reached record levels last year, in part due to pent-up demand following limited activity in 2020. The median sales price for all apartments in the borough topped $1.1 million, the second-highest level of the past decade.

The estimated value of the typical U.S. home rose 19.6% to $321,634 in 2021, an increase of $52,667 from 2020.

41% of office tenants say they plan to use more flexible space as a result of the pandemic, up from 29% in 2020.

Real-estate investment trust mergers and acquisitions as well as stock mergers totaled $140 billion last year, an all-time.

More than 2,300 homes at the $10 million-plus price point sold last year among 30 major luxury housing markets in the U.S., a 111.6% increase from 2020.

A reappraisal analysis found a collective reduction of $9.03 billion in value among 719 commercial properties reappraised since the pandemic, all of which are facing some form of distress.