CRE News | Trending Topics | Market Studies
The pandemic propelled a mass migration of city dwellers to the suburbs, hungry to buy homes. And that surge in demand has driven new home prices up by 12 percent since March 2020. Great, right? Except construction costs have jumped as much as 30 percent in the same period. CLICK ON THE HEADLINE FOR MORE
FAU’s College of Business analyzed over 25 years of housing data and pricing trends through May from online real estate marketplace Zillow. The conclusion: South Florida homes were overpriced by 14.88% compared to historical levels. CLICK ON THE HEADLINE FOR MORE
Right now, the U.S. dollar is cheaper compared to major currencies from its most important foreign buyer markets. A majority of investors, however, weigh a variety of monetary and economic factors before making a deal. CLICK ON THE HEADLINE FOR MORE
U.S. housing indicators continue to show a steady recovery despite the economic slowdown and reemerging COVID-19 concerns. CLICK ON THE HEADLINE FOR MORE
While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As of April, the median U.S. house price rose 8% year on year to hit $280,600. And that’s good news for investors. CLICK ON THE HEADLINE FOR MORE