The Latest
Residential—June 30, 2025
Twin Cities Housing Market Shows Steady Growth as Inventory ExpandsThe Twin Cities housing market exhibited modest yet steady growth in June 2025, characterized by a slight increase in pending sales and a notable rise in available inventory. According to Edina Realty, pending sales in the region edged up by 0.5%, while the median sales price climbed 2.6% year-over-year to $395,000. These trends suggest a...
Read MoreResidential—June 29, 2025
U.S. Housing Market Poised for Modest Growth in 2025, Says NAR Chief EconomistThe U.S. housing market is expected to experience modest growth in 2025, according to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR). Yun projects a 3% increase in the national median home price and anticipates a rebound in home sales during the latter half of the year, following a period of subdued...
Read MoreCommercial—June 29, 2025
Commercial Real Estate Leaders Express Cautious Optimism Amid 2025 Market ChallengesDespite ongoing macroeconomic and geopolitical headwinds, commercial real estate (CRE) leaders are expressing cautious optimism for the second half of 2025, according to DLA Piper’s recently released 2025 Real Estate State of the Market Survey. While external factors such as rising interest rates and trade tensions have tempered enthusiasm, the survey highlights resilience in key...
Read MoreNews—June 28, 2025
Florida’s Residential Real Estate Market Booms Amid Influx of New ResidentsWest Palm Beach, FL, June 27, 2025 — Florida’s residential real estate market is experiencing significant growth, driven by an influx of nearly 90,000 new residents in Palm Beach County alone. The migration of high-net-worth individuals, financial executives, and tech leaders has transformed cities like West Palm Beach into vibrant, year-round urban centers. Developments such...
Read MoreCommercial—June 28, 2025
United Nations Expands and Consolidates Manhattan Headquarters with Major Lease RenewalNew York City, June 27, 2025 — The United Nations has finalized a significant lease renewal and expansion at 2 United Nations Plaza in Midtown Manhattan, securing 425,190 square feet across 26 stories. This move consolidates the organization’s previously dispersed operations into a unified headquarters, reaffirming its commitment to New York City as its central...
Read MoreCommercial—June 27, 2025
Capitol Broadcasting Company Expands Real Estate Ventures with ‘Overlook on Main’ in Holly SpringsCapitol Broadcasting Company (CBC), renowned for its transformative developments like Durham’s American Tobacco Campus, is extending its real estate footprint into Holly Springs, North Carolina. The company’s real estate division has announced plans for “Overlook on Main,” a mixed-use development aimed at bolstering the town’s infrastructure and economic growth. Approved by the Holly Springs Town...
Read MoreResidential—June 27, 2025
Top U.S. Cities Projected for Home Sales Growth in 2025Despite ongoing challenges in the U.S. housing market, including elevated mortgage rates and affordability concerns, certain metropolitan areas are poised for significant growth in home sales in 2025. According to Realtor.com’s latest forecast, cities such as Colorado Springs, Miami, and Virginia Beach are expected to lead the nation in home sales growth, with projected increases...
Read MoreCommercial—June 26, 2025
Office-to-Apartment Conversions Reshape New York City’s Real Estate LandscapeA significant shift is underway in New York City’s real estate market as a wave of office-to-apartment conversions transforms the urban landscape. This trend, driven by changing work patterns and a pressing need for housing, is leading to a substantial reduction in office space and the creation of thousands of new residential units. According to...
Read MoreResidential—June 26, 2025
U.S. Housing Market Shifts Toward Balance as Inventory Rises and Prices StabilizeThe U.S. housing market is showing increasing signs of stabilization, with a notable rise in inventory and a slowdown in price growth. These developments suggest a shift toward a more balanced market, offering prospective buyers greater leverage and options. According to Realtor.com’s latest data, the median listing price for homes remained flat year-over-year for the...
Read MoreTech—June 25, 2025
NOAA Issues Geomagnetic Storm Watch Amid Increased Solar ActivityThe National Oceanic and Atmospheric Administration (NOAA) issued a geomagnetic storm watch on June 24, 2025, due to an uptick in solar activity. This heightened activity is linked to a recurrent, negative polarity coronal hole on the Sun, which is releasing a high-speed stream of solar wind directed towards Earth. This phenomenon, while a natural...
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