Construction Spending Climbs Slightly
Construction spending rose 1.2% during April, the Census Bureau reported Thursday.
Investor Home Purchases Down Record 49% Year-Over-Year, Redfin Finds
Redfin, Seattle, reported real estate investors purchased nearly 49% fewer homes year-over-year in the first quarter, the largest annual decline on record.
CBRE Projects Office Market Imbalance to Improve as Construction Cools
CBRE, Dallas, reported the supply and demand imbalance in the office market should begin to ease as the number of planned new office developments falls in the next few years.
MBA: Commercial, Multifamily Mortgage Delinquency Rates Increase in First Quarter
Commercial and multifamily mortgage delinquencies increased in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.