A deal has been reached between NY Governor Hochul and state legislators to boost NYC housing with revived tax breaks and stronger eviction protections
The Federal Reserve wants to see cooler inflation before cutting interest rates.
2024 could potentially see one of the strongest years for apartment market absorption in recent history.
The office district is deserted with boarded-up towers, rampant copper theft, and failing retail. The city is urgently trying to reverse this decline.
127 banks registered in the state have property debts exceeding 300% of their value, the highest number in the US.
The consumer price index rose 3.5% in March largely due to rising rents and housing costs.
RealPage updated its 2024 rent forecast in light of positive economic indicators.
Blackstone is ramping up its multifamily investments, spending $10B to purchase Apartment Income REIT Corp. after a period of moving more cautiously.
More than 50% of the investors surveyed by CBRE plan to buy more assets in 2024 than in 2023.
Since the beginning of 2023, major luxury brands have invested over $9 billion in real estate acquisitions.
The U.S. apartment market in the first quarter of 2024 has been a tale of two forces: strong demand unable to keep pace with an even more supply.
U.S. office vacancy rates are nearing a record 20%, slashing its record set just a quarter ago.
