Residential—April 1, 2024

As families increasingly seek living arrangements that accommodate the evolving needs of multiple generations, the demand for multi-generational housing is on the rise. A report released on April 1, 2024, by the National Association of Home Builders (NAHB) highlighted this growing trend, revealing that more families are opting for homes that allow them to live...

Realtors—April 1, 2024

The Real Estate Technology Conference (RETCON) 2024 took place in New York City from April 1 to 3, gathering professionals from every facet of the real estate industry. This highly anticipated event, one of the most significant of its kind, provided an invaluable opportunity for thought leaders, investors, developers, and service providers to delve into...

Commercial—March 31, 2024

By the end of March 2024, flexible leasing options became an essential aspect of the commercial real estate market. Both landlords and tenants embraced shorter-term leases, flexible office configurations, and the growth of coworking spaces as businesses adapted to changing market conditions. Key Moments: Throughout March, real estate firms reported an uptick in demand for...

News—March 28, 2024

Rent prices for one- and two-bedroom apartments across the U.S. saw a slight increase in March 2024, marking the first rise in six months. According to new data from Zumper, the monthly rent for a typical one-bedroom apartment rose by 0.3%, reaching an average of $1,487, while the price for a two-bedroom apartment increased by...

News—March 25, 2024

Return to Pre-Pandemic Growth Trends U.S. home prices rose 0.6% from the previous month in February, mirroring the average monthly increase of 0.6% observed during the eight years before the Covid-19 pandemic, according to a new Redfin analysis. This is a significant shift from the dramatic price surges seen during the pandemic years, signaling a...

Commercial—March 24, 2024

Sustainability was a key focus in the commercial real estate sector throughout March 2024, with increasing demand for energy-efficient and eco-friendly buildings. Green building certifications, such as LEED and BREEAM, became more important for tenants and landlords alike as both groups prioritized environmental responsibility alongside cost-efficiency. Key Moments: In March 2024, New York’s financial district...

Residential—March 22, 2024

The ongoing affordability crisis in housing is prompting a surge in efforts to create more accessible living options for low- and middle-income families. A report from the U.S. Department of Housing and Urban Development (HUD) released on March 22, 2024, sheds light on the growing initiatives to address the increasing challenges posed by rising home...

Realtors—March 22, 2024

The Marriott Marquis in Washington, D.C. hosted the highly anticipated Diversity in Real Estate Leadership Summit. Organized by the National Association of Realtors (NAR), this impactful event brought together thought leaders, industry professionals, and advocates to discuss the critical issue of diversity in real estate leadership. As the industry continues to face challenges with underrepresentation...

News—March 21, 2024

Bank of England’s Decision to Hold Rates Steady On Thursday, the Bank of England decided to keep interest rates steady at 5.25%, but with a clear indication that rate cuts could be on the horizon. The decision came after the Monetary Policy Committee (MPC) voted 8-1 in favor of maintaining the current rate. One member...