“Home price growth has slowed markedly in many parts of the country, which has helped to improve buyers’ purchasing power. Purchase applications remain over 30 percent behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.” --Joel Kan, MBA Vice President and Deputy Chief Economist.

AFIRE, Washington, D.C., reported the U.S. remains a preferred destination compared to Europe for real estate investment across property types, despite challenges.